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Jindal Drilling wins major order from ONGC on charter hire basis

23 Dec 2022 , 10:26 AM

Jindal Drilling and Industries Limited has informed to the exchanges regarding receipt of contract by ONGC.

According to the filing, Oil and Natural Gas Corporation Limited (ONGC) has Awarded Contract to the Company for deployment of Jack-up Rig “Virtue-I” on charter hire contract for a period of three years at EDR.

Further, the contract value is USD 77,963.78.

At around 9:53 AM, Jindal Drilling was trading at Rs257.60 per share lower by 1.08% on the BSE.

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