Shiv-Vani Oil Secures Order Worth Rs 1610 Crore

New Delhi-headquartered Shiv-Vani Oil & Gas Exploration Services has Shiv-Vani Oil Secures Order Worth Rs 1610 Crorebagged an order worth Rs 1,610 crore from state-run Oil and Natural Gas Corporation (ONGC) for deployment of eight onshore deep drilling rigs.

The contract is for deployment of one 3000 Hp rig and seven 1500-2 000 Hp rigs and includes deep drilling and integrated services like cementation, directional drilling and mug engineering.

Under the deal, the company would deploy two rigs in Tripura, four rigs in Assam and two rigs in Rajahmundry.

ONGC has awarded this three-year contract for charter-hire on an integrated well completion basis for its Tripura, Sivasagar and Rajamundry assets.

Shiv-Vani Oil & Gas Exploration Services, Ltd. provides upstream services in field of oil and gas exploration and production worldwide.