MoneyWorks4Me

Jindal Drilling bags contract for deployment of Jack-up Rig ‘Discovery I’ on charter hire

29 Jul 2022 Evaluate

Jindal Drilling & Industries has received contract from Oil and Natural Gas Corporation (ONGC) for deployment of Jack-up Rig ‘Discovery I’ on charter hire for a period of three years at EDR of $46,907.57.

The said Jack-up Rig ‘Discovery I’ is currently operating under an existing contract, awarded by ONGC to the company and is likely to be deployed after refurbishment in the month of February 2023 under the charter hire contract awarded as above.

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
View more..