Jindal Drilling & Industries Ltd has informed that Oil and Natural Gas Corporation Limited (ONGC) has awarded Contract to the Company for deployment of Jack-up Rig “Jindal Star†on charter hire for a period of three years at EDR of USD 42,750.
As per the filing, the above Jack-up Rig “Jindal Star†is currently operating under an existing contract, awarded by ONGC to the Company and would be de-hired in November 2022.
After recertification the same is likely to be deployed in the month of March 2023 under the charter hire contract awarded as above, said company in a regulatory filing.
At around 2:25 PM, Jindal Drilling & Industries was trading at Rs199.40 apiece down by Rs1.05 or 0.52% from its previous closing of Rs200.45 apiece on the BSE.