Deep Industries Limited Secures Rs. 82 Crore LOAs from ONGC.

Deep Industries Limited has secured a significant contract from Oil and Natural Gas Corporation Limited (ONGC) involving the charter hiring of workover rigs. The Letter of Awards (LOAs) specifies the hiring of one 100MT workover rig for Tripura and another 150MT workover rig for Rajahmundry, each for a duration of three years.

The total estimated value of these awards amounts to approximately INR 82 crores. This development marks a substantial addition to Deep Industries Limited's portfolio in the oil and gas sector, highlighting their continued partnership with ONGC and commitment to enhancing operational capabilities in key regions.

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