Oil India awards supply order to United Drilling Tools worth Rs 13.73 crore
State-owned Oil India Ltd has awarded supply order to United Drilling Tools of worth Rs 13.73 crore. The sequence comprises the procurement of a PTO (power take-off) heavy-duty, truck-mounted dual-drum hydraulic wireline equipment.
New Delhi: State-owned Oil India Ltd has awarded supply order to United Drilling Tools of worth Rs 13.73 crore. The sequence comprises the procurement of a PTO (power take-off) heavy-duty, truck-mounted dual-drum hydraulic wireline equipment.
Getting these winches with zone 2 power packs and specialised electrical systems indicates a big advance. These winches are made especially to run safely in dangerous surroundings, such oil wells with possible explosive gas leaks.
Delivered over a period of 4–6 months, these specialist machines will be used for performing sophisticated down-hole operations in oil and gas wells for Oil India.
Reiterating UDTL's position as a reliable supplier of sophisticated technology and equipment for the oil and gas industry, this sequence represents yet another turning point in the long-standing relationship between United Drilling Tools and Oil India. It is a Leading national producer of oil drilling-related tools. For its main goods, the business has attained worldwide quality criteria.
Shares of Oil India Ltd are trading lower by 0.013% at Rs 385.75.