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Seamec gets contract from ONGC

07 Jul 2023 Evaluate

Seamec has received contract from Oil and Natural Gas Corporation (ONGC) for Charter hire of Barge sans Tugs ‘SEAMEC GLORIOUS’ for 2 fair weather seasons during 2023-24 & 2024-25 for Western Offshore. 

The duration of the contract for 2 fair weather seasons will be for 425 days. The Barge, for the first fair weather season, will be mobilized within the window of October 16, 2023 to October 31, 2023. The total contract value will $32 million inclusive of GST.

Seamec is engaged in the business of operating multi-support vessels for diving and for providing underwater/sub-sea engineering services, deep sea diving, and inspection of underwater structures, repairs and maintenance of offshore platform fire-fighting services and rescue operations.

Seamec Share Price

1544.00 -13.75 (-0.88%)
21-Apr-2026 09:07 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 299.10
GE Shipping 1423.50
Dredging Corp 1003.20
Seamec 1544.00
Shreeji Ship.Global 373.25
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