Deals13 Mar 2026, 05:12 pm
Seamec Ltd Wins ONGC Contract for Operation & Maintenance Services Worth INR 410 Crores
AI Summary
Seamec Ltd, in a consortium with Supreme Hydro Pvt Ltd, has been awarded a contract by Oil and Natural Gas Corporation Limited (ONGC) for the hiring of Operation & Maintenance (O&M) services for ONGC owned MSV 'Samudra Sevak' for the period of 2026-2028. The total value of the contract is around INR 410,74,12,440 inclusive of GST.
Key Highlights
- Seamec Ltd and Supreme Hydro Pvt Ltd have formed a consortium to provide O&M services for ONGC owned MSV 'Samudra Sevak'
- The contract period is for 738 days, commencing within 60 days from the date of the NOA
- The total value of the contract is around INR 410 crores inclusive of GST
- This contract is a significant deal for Seamec Ltd in the oil and gas sector
- The contract was awarded through an e-tender process