Seamec enters into contract worth $27.69 million with HAL

04 Jul 2016

Seamec has bagged an award for chartering the vessel ‘SEAMEC-II’ to HAL along with marine crew only. The contract is worth approximately $27.69 million for the period of 3 years. The above charter hire arrangement is subject to compliance of regulatory requirements by the company which are being undertaken by the company. The vessel will be deployed upon completion of such regulatory formalities.

Earlier, HAL Offshore (HAL), the promoter of the company has been awarded a Letter of Intent (LOI) by Oil and Natural Gas Corporation (ONGC) for charter hire of multi support vessel for the scope of work as specified in the tender for a period of 3 years. Consequently, it has been agreed by and between HAL and the company for chartering the vessel ‘SEAMEC-II’.

Seamec is engaged in the business of operating multi-support vessels for diving and for providing underwater/sub-sea engineering services, deep sea diving, and inspection of underwater structures, repairs and maintenance of offshore platform fire-fighting services and rescue operations.

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