A bold logistics overhaul to boost efficiency and energy security.

ONGC Plans $600 Million Single-Source Outsourcing for Western Offshore Logistics.

State-owned Oil and Natural Gas Corporation (ONGC) is planning to outsource its entire Western offshore supply chain operations to a single entity in a deal worth nearly $600 million annually, marking a major shift from its current multi-vendor model. The move aims to optimise costs, reduce manpower requirements, and align offshore logistics with globally accepted single-source outsourcing practices. ONGC has floated an Expression of Interest to appoint a contractor capable of delivering end-to-end marine logistics, fleet management, and shore base operations for its key Western offshore assets, including Mumbai High, Bassein & Satellite, and Neelam-Heera fields. These operations are supported by supply bases at Nhava Sheva and Pipavav ports and service 68 offshore locations. While ONGC will retain procurement and rig hiring, the selected vendor will manage vessels, warehouses, cargo movement, and offshore logistics planning. The initial contract is expected to span three to five years. Industry experts have welcomed the move, though some suggest phased implementation.