Tender Documents - Oil India Limited

In case, no demobilization charges are payable, the documents mentioned
above will have to be submitted by the Contractor before release of the final
payment by the Company.
10.0 LOSS OR DAMAGE TO HOLE:
10.1 OIL shall be liable for the cost of regaining control of any wild well, blowout,
as well as the cost of removal of debris, and indemnify Contractor.
10.2 In the event, the well is damaged by dropping of any tool/tubing/tubular
/fish or any reason of willful acts or Contractor‟s gross negligence or other
legal fault, Contractors liability shall be to carry out the operations as
required for completion of the well to the reasonable satisfaction of
Company at Contractor‟s cost. The fishing rate will be payable, in the event
of Contractor dropping any tool/tubing/tubular/fish during the operation.
However, the damaged to well is caused due to any reason of willful acts or
Contractor‟s gross negligence or other legal fault, no rate will be payable
during the period.
10.3 DAMAGE OR LOSS OF THE WORK OVER UNIT:
a) The Contractor shall at all times be solely responsible for any damage to or
loss or destruction of the Work over Unit and its other property irrespective
of how such loss, damage or destruction is caused, and even if caused by
the negligence of the Company and/or his servants, agents, nominees,
assignees, Contractors and subcontractor, and Contractor shall hold
harmless and indemnify the Company from and against any expenses, loss
or claim related to or resulting from such loss, damages or destruction.
b) If the Work over Unit is declared to be a total loss and/or construed to be
total loss, as determined by the applicable insurance coverage, this
contract shall terminate in respect of the Work over unit(s) as of the
occurrence of the event causing such loss and each party shall thereupon
be released of all further obligations hereunder in respect of that Work over
unit(s), except for its payment of monies then due or liabilities to be
charged in respect of work already done under this contract in respect of
that Work over unit(s).
10.4 LOSS OR DAMAGE OF CONTRACTOR’S WORK OVER UNIT OR
SUBSURFACE EQUIPMENT
a) Except as otherwise specifically provided in the contract, any damage
to or loss, of the Drilling/Work over Unit and/or subsurface
tools/equipment regardless of the cause or reason for said loss, shall
be the loss of the Contractor, its underwriters or insurers. Contractor
indemnifies OIL, its Co-licensees and its and their affiliates
Companies, Agents, employees, invitees, servants, their underwriters
or insurers (other than Contractor‟s) and their employees, agent any
claim whatsoever or responsibility for any damage to or loss of the
Drilling/ Work over Unit or any other equipment or property of
Contractor or Contractor‟s sub-Contractors furnished or intended for
use in the operations herein undertaken.