Hazoor Multi Projects' Subsidiary Secures Rs. 280.1 Cr Oil India Order, Marks Entry into Energy Services

Hazoor Multi Projects Ltd. (HMPL) has announced that its subsidiary, Quippo Oil & Gas Infrastructure Ltd., has been awarded a contract worth Rs. 280.1 Crore by Oil India Limited. The contract involves the charter hire of one drilling rig, marking HMPL's entry into India's upstream energy services sector. This move aligns with national energy priorities and is expected to unlock value in sectors characterized by recurring revenues, limited competition, and policy-driven tailwinds. Quippo, a pioneer in India's onshore oilfield services landscape, significantly strengthens HMPL's operating base with deep technical and executional capabilities.