ONGC awards Rs 1.5 billion contract to Deep Industries Limited

The Oil and Natural Gas Corporation has awarded a contract worth Rs 1.5 billion to Deep Industries Limited. The order pertains to charter hiring of two 1,000 HP mobile drilling rigs for a period of three years. Deep Ind­ustries is engaged in the business of prospecting, exploring, developing, opening and working mines, drilling and sinking shafts or wells and pum­ps, and refining, digging and quarrying coal bed methane, minerals, ores and gases such as methane gas.