MoneyWorks4Me

Jindal Drilling and Industries informs about disclosure

06 Dec 2023 Evaluate

Jindal Drilling and Industries has informed that Oil and Natural Gas Corporation (ONGC) has issued Notification of Award to the Company for deployment of its rig Jindal Supreme on its subsequent contract for a period of three years at Effective Day Rate (EDR) of USD 86,327. The current contract of Rig Jindal Supreme with ONGC is at an EDR of USD 39,578.78 and the same is expected to conclude in Q4 FY24.

The above information is a part of company’s filings submitted to BSE.
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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