
Consortium of Seamec Limited Secures O&M Contract for ONGC Vessel Samudra Prabha
Seamec Limited announced the execution of a significant contract, solidifying its position in the marine services sector. The company, in a consortium with Supreme Hydro Pvt Ltd, finalized a contract with the Oil and Natural Gas Corporation Limited (ONGC).The agreement covers the provision of Operation & Maintenance (O&M) Services for ONGC's owned vessel, MSV "Samudra Prabha."
The contract spans the period from 2026 to 2028. Seamec Limited confirmed that the terms and conditions of the contract, when read alongside the Notification of Award, remain unchanged.
SEAMECLTD Stock Price Movement
Shares of Seamec Limited are rallying as of 3:04 PM, climbing 0.86% to trade at ₹1628.5. The stock is experiencing robust momentum, with 53,158 shares changing hands in live trading as the market approaches its midday lull.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.