Order worth Rs 1402 crore bagged by Deep Industries
Oil & Gas support services provider Deep Industries Ltd has bagged an order worth Rs 1,402 crore from Oil and Natural Gas Corporation (ONGC). The order is for production enhancement operations in the mature fields of ONGC's Rajahmundry Asset and spans 15 years.
Work mainly involves increasing the production of hydrocarbons from the aging, depleted and mature fields typically spanning around 15 years beyond the original life of the asset.
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