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Shiv-Vani bags Rs.1,611 crore contract from ONGC

Thursday, 07 Aug 2008
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Shiv-Vani Oil & Gas Exploration Services (SHVD) has secured a contract worth 1,611 crore from Oil & Natural Gas Corporation to deploy eight onshore deep drilling rigs on an integrated well completion basis for its Tripura, Sivasagar and Rajahmundry assets for a period of three years.

The rigs have been chartered for three years, with a mobilisation period of seven months for deployment.

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