ONGC awards contract to Seamec Ltd

Oil and Natural Gas Corporation Limited, vide its Notification of Award (NOA) contract no. GEMC-511687779259815 dated July 8, 2025, has awarded a contract for repair / replacement of Spider Deck Members of Platform NLM9 in Western Offshore.

The contract is to be executed within a period not exceeding 90 days commencing around October 16, 2025.

The total contract value will be Rs. 39,20,00,000 inclusive of GST and other taxes and duties (lumpsum).

Shares of Seamec Limited was last trading in BSE at Rs. 863.75 as compared to the previous close of Rs. 858.85. The total number of shares traded during the day was 2712 in over 281 trades.

The stock hit an intraday high of Rs. 873.20 and intraday low of 832.85. The net turnover during the day was Rs. 2315132.00.

Source : Equity Bulls

Keywords

Seamec INE497B01018 OrderWin ONGC