Deals16 Sept 2025, 02:13 pm
Seamec Ltd Enters Addendum 01 with Posh India Offshore for Additional Work Worth ~USD 3.14 Million
AI Summary
Seamec Ltd has entered into an Addendum 01 to the Subcontract Agreement with Posh India Offshore Private Limited for carrying out additional installation activities in Pipeline Replacement Project VIII (PRP-VIII) and Daman Upside Development Project (DUDP) of Oil and Natural Gas Corporation Limited (ONGC) on unit rate basis. The total value of the Addendum 01 at the maximum indicated quantity of additional scope of work is approximately USD 3.14 million exclusive of GST.
Key Highlights
- Seamec Ltd has entered into an Addendum 01 with Posh India Offshore Private Limited for additional work in PRP-VIII and DUDP projects.
- The total value of the Addendum 01 is approximately USD 3.14 million exclusive of GST.
- The additional work includes installation activities of Riser clamps, bow string and other installation works.
- The agreement is entered on unit rate basis.
- The agreement is with Oil and Natural Gas Corporation Limited (ONGC)