The Competition Commission of India (CCI) has dismissed a complaint against ONGC alleging abuse of dominant position with regard to certain contractual provisions for hiring offshore support vessels.
The fair trade regulator had ordered a probe against Oil and Natural Gas Corporation Ltd (ONGC) in June 2018 after prima-facie finding the oil major in violation of competition norms.
The complaint was filed by Indian National Shipowners’ Association (INSA), a representative body of various ship owners.
To support its offshore exploration and production activities, ONGC requires offshore support vessels (OSV). In this regard, it issues tenders for OSV suppliers with detailed technical eligibility requirements and special contract conditions (SCC), among others, collectively referred to as CHA.
