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Dolphin Offshore Enterprises bags contract worth Rs 270 crore

23 Mar 2012 Evaluate

Dolphin Offshore Enterprises (India) has received a notification of award of contract for OGIP Power to ESP Project from Oil & Natural Gas Corporation (ONGC) vide their letter dated March 22, 2012.

The schedule completion date of this contract is May 15, 2013 and the contract value is approximately Rs 270 crore.

Dolphin Offshore Enterprises (India) is the flagship company of the Dolphin group and is listed on BSE and NSE. It is in the business of providing a complete range of offshore support services to the oil and gas industry. Since inception, the company has been catering, mainly to the requirements of ONGC.

Peers
Company Name CMP
ONGC 235.45
Oil India 470.40
Jindal Drilling&Inds 595.50
Deep Industries 760.00
Asian Energy Service 487.15
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