MUMBAI: Deep Industries has received letter of intent from Gujarat State Petroleum Corporation, for deployment of 50-tonne capacity work over rig for two years. Value of the contract is Rs 6.5 crore.
Recently, the company bagged an order valued at Rs 16.15 crore from Oil and Natural Gas Corporation, for deployment of rigs and compressors.
Deep Industries provides air and gas compression services such as supply and rental of equipment, operation & maintenance and execution of turnkey projects to oil and gas exploration companies. The company also provides transportation services.
At 2:56 pm, Deep Industries shares were down 10 per cent at Rs 103.55 on BSE.
Source : MoneyControl
Deep Industries bags Rs 6.5 crore contract from GSPC
9:20 AM | Deep Industries, Gujarat State Petroleum Corporation(GSPC), ONGC with 0 comments »
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