Jindal Drilling & Industries has received Notification of Award from Oil & Natural Gas Corporation (ONGC) for deployment of rig Jindal Explorer for a period of 3 years at Effective Day Rate (EDR) of $35,138.71.
The current contract of Rig Jindal Explorer with ONGC is expected to conclude in Q1FY26 and subsequent contract is expected to commence in Q3FY26.
Jindal Drilling & Industries is one of the leading drilling contractor in India providing service to national and international E&P companies.