STOCKWATCH
·
Iron & Steel Products
Deals7 May 2025, 08:31 pm

ONGC Awards 3-Year Charter Hire Contract to Maharashtra Seamless' Jack-Up Drilling Rig

AI Summary

Oil & Natural Gas Corporation Limited (ONGC) has issued a Notification of Award to Jindal Drilling & Industries Limited for the deployment of the jack-up drilling rig ‘Jindal Explorer’. This rig is owned by Maharashtra Seamless Limited. The contract period is for three years, starting from the date of award.

Key Highlights

  • ONGC awards 3-year charter hire contract to Jindal Drilling & Industries Limited
  • Jindal Drilling to deploy Maharashtra Seamless' jack-up drilling rig ‘Jindal Explorer’
  • Contract period is for three years
  • Maharashtra Seamless owns the jack-up drilling rig
  • Notification of Award issued by ONGC
MAHSEAMLES
Iron & Steel Products
MAHARASHTRA SEAMLESS LTD.

Price Impact