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Oil and Gas Field Services provider, Deep Industries Ltd has announced the Notification of Award or Fax of Acceptance received from GAIL (India) Limited.
According to the exchange filing, the Company has received a Notification of Award/ Fax of Acceptance from GAIL (India) Limited for hiring of Compression facility at RT-USAR Plant. The total estimated value of the said award is approximately INR 108 crores.
The time period by which the order will be executed is 880 (Eight Hundred Eighty) days.
The significant terms of the order is the hiring of Compression facility at RT-USAR Plant.
Deep Industries Limited, a leading Indian energy sector service provider specializing in "one-stop" solutions for the oil and gas industry, offers services like air/gas compression, drilling, workover rigs, gas dehydration, and integrated project management (IPM) for exploration and production to midstream operations, serving clients primarily in India and globally.
They provide equipment and skilled staff for rentals, covering over 70% of the post-exploration oil & gas value chain.