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Jindal Drilling & Industries acquires offshore Jack Up Drilling Rig

30 Mar 2019 Evaluate

Jindal Drilling & Industries has acquired an offshore Jack Up Drilling Rig from Discovery Drilling Pte, Singapore, a joint venture of the company. The rig would soon be deployed under contract with Oil and Natural Gas Corporation (ONGC) already awarded to the company.

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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