Deep Industries Awarded ONGC Project

Deep Industries has secured a significant contract milestone with the receipt of a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC), based in Kakinada, Andhra Pradesh. This LoA marks the beginning of an exciting new partnership between Deep Industries and ONGC, reinforcing Deep Industries' position as a trusted service provider in the oil and gas sector.

The scope of work outlined in the LoA involves the hiring of a DPDU (Dehydration Processing Unit) and a GDU (Gas Dehydration Unit) for gas processing purposes. These units play a crucial role in ensuring the efficient and effective treatment of gas, reflecting Deep Industries' commitment to delivering high-quality solutions that meet the specific needs of its clients.

The contract stipulates a completion period of 10 months from the date of acceptance of mobilization and commencement of operations. This timeframe underscores Deep Industries' dedication to executing projects in a timely manner, adhering to rigorous standards of performance and efficiency.

With an estimated total contract value of approximately Rs 56 crore, this award represents a significant opportunity for Deep Industries to further strengthen its market presence and enhance its revenue streams. It reflects the confidence that ONGC has placed in Deep Industries' capabilities and expertise in delivering value-added services to the oil and gas industry.

Deep Industries is well-positioned to leverage its technical prowess and operational excellence to successfully execute this project for ONGC. Through meticulous planning, efficient deployment of resources, and adherence to the highest safety and quality standards, Deep Industries aims to surpass expectations and deliver exceptional results for its esteemed client.

News by Rahul Yelligetti