Deals3 Jan 2025, 11:28 pm
Deep Industries Ltd Receives 7-Year Contract from Oil and Natural Gas Corporation Ltd Worth INR 90.70 Crores
AI Summary
Deep Industries Ltd has received a Letter of Award from Oil and Natural Gas Corporation Ltd for charter hiring of a 100MT Workover Rig for a period of seven years for Assam Asset. The total estimated value of the said award is approximately INR 90.70 crores.
Key Highlights
- Deep Industries Ltd has been awarded a contract by Oil and Natural Gas Corporation Ltd for charter hiring of a 100MT Workover Rig.
- The contract is for a period of seven years for Assam Asset.
- The total estimated value of the contract is approximately INR 90.70 crores.
- The contract is a domestic one, awarded by a domestic entity.
- The contract is not a related party transaction.