Oil and Natural Gas Corporation (ONGC) has issued Notification of Award to Jindal Drilling and Industries for deployment of its rig Jindal Supreme on its subsequent contract for a period of three years at Effective Day Rate (EDR) of $86,327. The current contract of Rig Jindal Supreme with ONGC is at an EDR of $39,578.78 and the same is expected to conclude in Q4 FY24.
Jindal Drilling & Industries is one of the leading drilling contractor in India providing service to national and international E&P companies.
| Company Name | CMP |
|---|---|
| ONGC | 281.25 |
| Oil India | 453.40 |
| Jindal Drilling&Inds | 530.45 |
| Deep Industries | 456.00 |
| Asian Energy Service | 295.05 |
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