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Deep Industries receives LoA from Oil India

04 Aug 2025 Evaluate

Deep Industries has received a Letter of Award (LoA) from Oil India for Charter hire of one number of Brand-New Workover Rig in Assam and Arunachal Pradesh. The total estimated value of the said award is around Rs 96.72 crore and is to be executed within 7 years.

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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