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

Bank Of Maharashtra Slashes Loan Rates To 7.10% After RBI Cut, Promises Relief For Borrowers

Bank Of Maharashtra Slashes Loan Rates To 7.10% After RBI Cut, Promises Relief For Borrowers

IndiGo Flight Crisis: How New Rules & Poor Planning Grounded India’s Biggest Airline | Explained

IndiGo Flight Crisis: How New Rules & Poor Planning Grounded India’s Biggest Airline | Explained

Jan Dhan Balances Touch ₹2.75 Lakh Crore As India’s Financial Inclusion Index Hits 67

Jan Dhan Balances Touch ₹2.75 Lakh Crore As India’s Financial Inclusion Index Hits 67

UP Plans ‘One District, One Cuisine’ Drive, A Big Push To Turn Traditional Food Into a Global...

UP Plans ‘One District, One Cuisine’ Drive, A Big Push To Turn Traditional Food Into a Global...

IndiGo Claims Strong Recovery, Faster Refunds As Operations Rise To 1,650 Flights On Sunday

IndiGo Claims Strong Recovery, Faster Refunds As Operations Rise To 1,650 Flights On Sunday