Seamec Limited, in collaboration with Supreme Hydro Pvt Ltd, has been awarded a significant contract by Oil and Natural Gas Corporation Limited (ONGC) for the operation and maintenance of the MSV ‘Samudra Sevak’. The contract, valued at approximately ₹410.74 crore inclusive of GST, is set to span 738 days.
The notification of award was issued on 13 March 2026, and the project is slated to commence within 60 days from this date. This domestic contract is a part of Seamec‘s normal course of business and does not involve any related party transactions. The consortium will be responsible for the comprehensive operation and maintenance services for the ONGC-owned vessel over the specified period.
The award of this contract underscores Seamec’s capabilities in the marine sector, further strengthening its portfolio in collaboration with Supreme Hydro Pvt Ltd. The project is expected to enhance operational efficiency and service delivery for ONGC’s marine operations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.