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Deep Industries gets LoA from Oil India

14 Feb 2026 Evaluate

Deep Industries has received a Letter of Award (LoA) from Oil India for hiring of 1000 HP mobile drilling rig package in Assam and Arunachal Pradesh. The total estimated value of the said award is approximately Rs 148 crore. The said order is expected to be completed in 4 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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