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Shiv-Vani bags Rs 1,610 cr contract from ONGC
New Delhi, Aug 4 (UNI) Shiv-Vani Oil and Gas Exploration Services Ltd today said it has secured a contract worth Rs 1,610 crore from exploration firm Oil and Natural Gas Corporation.
The order is for deploying eight onshore deep drilling rigs for ONGC. The rigs have been chartered for three years, with a mobilisation period of seven months for deployment, a company statement said.
With this contract, the company's order backlog will go up to Rs 4,500 crore, it added.
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Story first published: Monday, August 4, 2008, 21:03 [IST]