Deep Industries receives order worth $12.93 mln from ONGC

Deep Industries receives order worth $12.93 mln from ONGC

The company will provide mobile drilling rigs of 1,000 hp and equipment, along with providing manpower for maintaining the mud systems as per the requirement of the job

FPJ Web DeskUpdated: Thursday, February 23, 2023, 05:15 PM IST
article-image
Deep Industries receives order worth $12.93 mln from ONGC | Image: Deep Industries (Representative)

Deep Industries Ltd has bagged an order worth $12.93 mln from Oil and Natural Gas Corp Ltd, on Wednesday, to hire mobile drilling rigs for Ahmedabad Asset for three years, as per an exchange filing today.

The company will provide mobile drilling rigs of 1,000 hp and equipment, along with providing manpower for maintaining the mud systems as per the requirement of the job.

The shares of Deep Industries were nearly 1% higher at ₹276.95, while those of ONGC were 0.6% higher at ₹154.50 on the NSE, at 12:20 IST.

RECENT STORIES

Sensex Surges Over 500 Points To 82,402, Nifty Crosses 25,350 On India-EU FTA Optimism
Sensex Surges Over 500 Points To 82,402, Nifty Crosses 25,350 On India-EU FTA Optimism
India's OTC Drug Market To Double To ₹98,000 Crore By 2030 At 13% CAGR
India's OTC Drug Market To Double To ₹98,000 Crore By 2030 At 13% CAGR
Madhya Pradesh Signs ₹60,000 Crore Power Deals For 4,000 MW With Torrent, Adani & Hindustan Power
Madhya Pradesh Signs ₹60,000 Crore Power Deals For 4,000 MW With Torrent, Adani & Hindustan Power
India-EU FTA Wins Industry Praise As Historic Deal Slashes Premium Wine Duties To 20% While...
India-EU FTA Wins Industry Praise As Historic Deal Slashes Premium Wine Duties To 20% While...
RBI Announces ₹1 Lakh Crore OMO Purchases & $10 Billion USD/INR Swap To Inject Liquidity Into...
RBI Announces ₹1 Lakh Crore OMO Purchases & $10 Billion USD/INR Swap To Inject Liquidity Into...