ONGC to merge MRPL with HPCL by June 2021

Deep Industries received a letter of award (LoA) from Oil and Natural Gas Corporation (ONGC) for an order of 1000 HP Mobile Drilling Rigs for Ahmedabad, Gujarat. The contract is worth Rs 106 crore.

The project scope includes hiring a number of 1000 HP mobile drilling rigs and equipment, as well as providing manpower in terms of roustabouts, etc, for maintaining the mud systems as required.

The contract period will be three years from commencement date.

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