Seamec Gets LoI for Air Diving Work for ONGC

Seamec Limited, India’s leading provider of diving support vessel based diving services, has been awarded Letter of Intent (LOI) by Oil and Natural Gas Corporation Limited (ONGC) for deployment of SEAMEC I vessel.

The contract is for undertaking Air Diving job for a period of 5 years.

SEAMEC I  is required to be mobilized within 150 days from the date of Notification of Award.

Some modification will be undertaken on the Vessel to meet the contract requirements.

The contract has a value of approximately $15 million.

July 18, 2014; Image: Technip