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Deep Industries receives LoA from ONGC

13 Jul 2023 Evaluate

Deep Industries has received Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for Charter Hiring of 1 numbers of 90 MT Mobile Drilling Rigs with Integrated Mud Services & METP with Manpower for a period of 3 years for CBM Asset, Bokaro. The total estimated value of the said award is approximately Rs 130 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 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
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