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Jindal Drilling acquires Offshore Jack-up Rig 'Jindal Supreme'

18 Nov 2021 Evaluate

Jindal Drilling & Industries has acquired an Offshore Jack-up Rig 'Jindal Supreme' from Venus Drilling for $16.75 million, consequent upon receipt of requisite approval from the seller. The said Rig is currently operating under contract with Oil and Natural Gas Corporation (ONGC).

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 221.10
Oil India 442.65
Jindal Drilling&Inds 572.80
Deep Industries 746.50
Asian Energy Service 450.15
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