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Jindal Drilling & Industries bags contract for Offshore Drilling Rig

24 Jan 2019 Evaluate

Jindal Drilling & Industries has been awarded contract from Oil and Natural Gas Corporation (ONGC) for charter hire of Offshore Drilling Rig for contract period of 3 years. The contract value is over $57 million (approximately Rs 407 crore).

Jindal Drilling & Industries is one of the leading drilling contractor in India providing service to national and international E&P companies.

Peers
Company Name CMP
ONGC 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
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