Filter announcements
Loading...
Jindal Drilling & Industries, part of the Dharam Pal Jindal Group, is a leading Indian company in offshore drilling and allied services, including directional drilling and mud logging.
Jindal Drilling secured a 3-year contract worth approximately Rs 501.65 Cr from ONGC for the deployment of its Jindal Pioneer rig. This significant deal is set to commence in Q3 FY27.
Jindal Drilling and Industries has secured a 3-year contract from ONGC to deploy the rig Jindal Explorer at an effective day rate of USD 35,138.71. The contract starts in Q3 FY26 after the current one ends in Q1 FY26, ensuring steady revenue from rig operations over the next three years.