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

India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
India's Gems & Jewellery Sector Hails Historic US Trade Deal, Zero Tariffs On Diamonds Set To Boost...
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Pakistan Faces Twin Risks Of Unrest And Mass Migration As Unemployment Deepens
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Karur Vysya Bank Expands Footprint With Inauguration Of 900th Branch In Chennai
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
Zero-Duty Access For 800–1,600 cc US Motorcycles Under India-US Trade Pact To Boost...
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost
AEPC Welcomes India-US Trade Framework As Textiles And Apparel Sector Set For Major Export Boost