Seamec consortium executes ONGC O&M contract for Samudra Sevak vessel

Govt Defence OrderBusiness Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Seamec Limited, in consortium with Supreme Hydro Pvt Ltd, has formally executed a contract with ONGC for providing Operation & Maintenance (O&M) services for ONGC's Multi Support Vessel 'Samudra Sevak' for the period 2026-2028. The contract follows a Notification of Award dated March 13, 2026. Terms and conditions remain unchanged from the award. No contract value has been disclosed in the filing.

Likely market impact

Secures 2-year O&M revenue stream from government PSU ONGC; positive for order book though contract value not disclosed.