π Tender Overview
Scope : To Set up Coal-Bed Methane (CBM) Asset in Bokaro, Jharkhand
On 12 July, 2023, Oil and Natural Gas Company (ONGC) has granted a letter of award (LoA) to Deep Industries for the coal-bed methane (CBM) asset in Bokaro, Jharkhand. The estimated value of the contract is Rs 130 crore.
The contract is expected to be executed in a span of three years and involves hiring a 90 MT mobile drilling rig with integrated mud services.
Deep Industries, which is engaged in oil and gas field operation, supplies various equipment and services on a rental and chartered-hire basis as well as provides integrated project management services.