MoneyWorks4Me

Deep Industries receives Letter of Award of contract from ONGC

12 Mar 2019 Evaluate

Deep Industries has received Letter of Award of contract from ONGC, for charter hiring of 01 No. of 1000 HP Mobile Drilling Rig for Ahmedabad Asset for a period of 3 years. The total estimated value of the said Award is approximate Rs 91.75 crore.

Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.

Peers
Company Name CMP
ONGC 224.90
Oil India 443.80
Jindal Drilling&Inds 571.45
Deep Industries 745.50
Asian Energy Service 455.10
View more..