Deals24 Mar 2025, 10:28 pm
Seamec Ltd Enters Subcontract Agreement with Posh India Offshore for ONGC Projects Worth ~USD 5.61 Million
AI Summary
Seamec Ltd has entered into a Subcontract Agreement with Posh India Offshore Private Limited for carrying out Riser Clamps, Bow String and other installation works in Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP) of Oil and Natural Gas Corporation Limited (ONGC) on unit rate basis. The approximate total value of the subcontract at the maximum indicated quantity of scope of work is approximately USD 5.61 million exclusive of GST.
Key Highlights
- Seamec Ltd has entered into a Subcontract Agreement with Posh India Offshore Private Limited for ONGC projects.
- The total value of the contract is approximately USD 5.61 million exclusive of GST.
- The projects include Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP).
- The agreement is on a unit rate basis.
- The agreement is with Oil and Natural Gas Corporation Limited (ONGC).