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

₹18,662 Crore Mega Corridor Cleared, India To Build 1st Underwater Road-Rail Tunnel
₹18,662 Crore Mega Corridor Cleared, India To Build 1st Underwater Road-Rail Tunnel
Bank Holidays In February 2026, Will Banks Remain Closed For 3 Consecutive Days?
Bank Holidays In February 2026, Will Banks Remain Closed For 3 Consecutive Days?
₹480 Crore Fraud Shock Before IPO, Skyways Air Services Faces EOW FIR
₹480 Crore Fraud Shock Before IPO, Skyways Air Services Faces EOW FIR
Cabinet Clears Mega Projects Worth ₹1.47 Lakh Crore, Rail, Metro, Startup & Urban Push Get Big...
Cabinet Clears Mega Projects Worth ₹1.47 Lakh Crore, Rail, Metro, Startup & Urban Push Get Big...
India’s $30 Billion FII Test And 60% Debt-To-GDP Discipline, Why AI, Capital Reforms & The 4Ps...
India’s $30 Billion FII Test And 60% Debt-To-GDP Discipline, Why AI, Capital Reforms & The 4Ps...