ONGC Awards Contract to Dolphin Offshore, L&T consortium

Dolphin Offshore Enterprises India Ltd has announced that Oil & Natural Gas Corporation Ltd (ONGC) has awarded a Contract on Consortium of M/s. L&T Ltd and the Company for execution of entire scope of works for 6 Clampon Project as per ONGC Tender No.MR/02/MM/6 Clamp on/15/2007 on turnkey basis.

The value of this contract is US$24,136,051 + INR 80,081,736 inclusive of all taxes, levies, duties etc.

The scheduled completion date of entire scope of work covered under this Contract shall be March 31, 2008.

Source : Equity Bulls

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