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Deep Industries receives LoA from ONGC

07 Jul 2022 Evaluate

Deep Industries has received Letter of Awards (LoA) from ONGC, for charter hiring of 02 Nos. of 1000 HP Mobile Drilling Rigs for Ahmedabad Asset for a period of 3 years. The total estimated value of the said awards is $19.02 million equivalent to approximate Rs 150.24 crore.

Deep Industries is leading solution provider in energy sector. The company is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services.

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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