ONGC awards Natural Gas Compression contract to Deep Industries Ltd

New Delhi: Indian state-run refiner Oil and Natural Gas Corporation Limited has awarded a charter hiring services for Natural Gas Compression to Deep Industries Ltd, an oil and gas field services providing company. The total estimated value of the said award is approximately Rs 49.10 crores.

According to the exchange filing, the Company has received a Letter of Award for charter hiring services for Natural Gas Compression from Oil and Natural Gas Corporation Limited at GGS Paliyad of Ahmedabad asset for a period of 5 years. The total estimated value of the said award is approximately INR 49.10 crores.

Deep Industries Ltd:

Deep Industries Ltd is an integrated oil and gas field services company which primarily operates on a charter-hire and contract basis. The company specializes in air and natural gas compression, gas dehydration, drilling, and workover rigs and integrated project management for major energy producers.