Seamec Ltd Signs $9.42M Diving Services Deal with HAL Offshore

Seamec Ltd has entered into a Diving Agreement with HAL Offshore Limited for subsea services on the ONGC Vessel "Samudra Prabha", managed by Seamec. The contract is valued at approximately USD 9.42 million, exclusive of GST. This transaction is classified as a Related Party Transaction and is conducted on an arm's length basis in the normal course of business. HAL Offshore Limited is the promoter of Seamec Ltd, holding 70.77% of its shareholding. The agreement was executed on July 23, 2026.