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Tuesday, March 9, 2010

Garware Offshore secures Rs 225 mn contract from ONGC

Garware Offshore Services, engaged in chartering of its fleets on hire basis, has received contract from Oil & Natural Gas Corporation (ONGC) for its platform supply vessel, `M.V. Kailash` for a period of one year.

The value of the contract will be approximately Rs 225 million per annum (p.a.).

The functions that Garware Offshore `s vessels perform are transport of personnel to rigs from onshore bases and vice versa, delivery of cargo to rigs, anchor handling operations and towing of rigs from one location to another.

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