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

GST Rate Cuts Power Festive Demand And Manufacturing Output: Report

GST Rate Cuts Power Festive Demand And Manufacturing Output: Report

TRAI Disconnects Over 21 Lakh Mobile Numbers In Crackdown On Spam & Fraud

TRAI Disconnects Over 21 Lakh Mobile Numbers In Crackdown On Spam & Fraud

LIC Increases Stake In Tata Group Firm Voltas, Company Confirms Post Market Close

LIC Increases Stake In Tata Group Firm Voltas, Company Confirms Post Market Close

Adani Electricity Launches Special Appliance Offer With Discounts Upto 60 Per Cent For Customers

Adani Electricity Launches Special Appliance Offer With Discounts Upto 60 Per Cent For Customers

NBFC AUM Projected To Cross ₹50 Lakh Crore By March 2027 On Steady 18–19% Growth

NBFC AUM Projected To Cross ₹50 Lakh Crore By March 2027 On Steady 18–19% Growth