New Launch16 Nov 2025, 03:31 pm
Jindal Drilling & Industries Ltd Commences Operations with Rig 'Jindal Explorer' for ONGC
AI Summary
Jindal Drilling & Industries Ltd has started operations of Rig 'Jindal Explorer' with Oil and Natural Gas Corporation Limited (ONGC) for a period of three years. The Effective Day Rate (EDR) for the rig is USD 35,138.71. This development is a significant move for the company and is expected to contribute to its revenue stream.
Key Highlights
- Jindal Drilling & Industries Ltd commences operations with Rig 'Jindal Explorer'
- Rig 'Jindal Explorer' chartered by the company for three years
- Operations started with Oil and Natural Gas Corporation Limited (ONGC)
- Effective Day Rate (EDR) set at USD 35,138.71