Sale of Crude Oil, 20,000 Bbls from Rajian Field Well No.11, Chakwal

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Oil & Gas Development Company Limited (OGDCL) announces an extension for the bid closing and opening date for the sale of crude oil. This auction concerns the sale of 20,000 barrels of crude oil extracted from Rajian Field Well No.11 located in Chakwal. Interested bidders who have already submitted their proposals may withdraw and resubmit their bids before the revised deadline. Items being auctioned: - Crude Oil, 20,000 Barrels from Rajian Field Well No.11, Chakwal This sale offers a valuable opportunity for suppliers and traders in the petroleum sector to acquire crude oil directly from a major national producer. The crude oil is sourced from a specific well, ensuring clarity on the product origin and quality. Bidders should carefully review the tender documents available online and comply with all auction requirements. Eligibility criteria typically include valid registration with FBR and ATL, and adherence to OGDCL's bidding procedures. Earnest money or bid security requirements will be detailed in the tender documents. The auction is conducted through OGDCL's e-procurement portal, ensuring transparency and ease of submission. The revised bid submission deadline is 16th November 2026 at 14:30 hours, with bid opening scheduled 30 minutes later. Bidders are advised to submit their bids online via the official portals: https://ogdcl.com/sap-ariba-tenders or https://discovery.ariba.com/profile/AN01562899621. A practical tip for bidders is to thoroughly review the "Instruction for Bidders Section" in the tender documents to avoid common submission errors and ensure compliance with all technical and financial requirements. Early submission is recommended to address any technical issues with the e-procurement system. This auction represents a significant opportunity for businesses involved in crude oil trading and refining to secure supply directly from a leading Pakistani energy company.