ONGC awards ₹410.74 crore O&M contract to SEAMEC consortium
after close1 source ↓written by the desknot a recommendation
- contract for Operation
- ₹410.74 crore
- effective
- 2026 to 2028
- of the award
- 60 days
- Project duration
- 738 days
Oil and Natural Gas Corporation Limited (ONGC) has awarded a ₹410.74 crore contract for Operation and Maintenance (O&M) services of the Multi Support Vessel (MSV) Samudra Sevak to a consortium led by SEAMEC Limited. The contract, effective from 2026 to 2028, is expected to commence operations within 60 days of the award notification. This project supports ONGC's offshore exploration and production operations.
• Contract value: ₹410.74 crore
• Project duration: 738 days
• Operations start: within 60 days
The award may enhance SEAMEC's revenue stream and strengthen its position in the offshore services sector.
Not investment advice. For informational purposes only.