• Corporate
• Markets
• Info-Tech
• Marketing
• Money & Banking
• Agri-Biz & Commodities
• Industry & Economy
• Logistics
• Government
• Opinion
• Variety
• Corporate Results
• Columns
• States
• Web Extras
• Index

• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

• Rates

• Ports

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Subscription

• Business Line

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

MUMBAI: Garware Offshore Services on Friday said it has bagged a two-year contract from an exploration and production company, through which it expects a revenue of about Rs 45 crore.

The company’s platform supply vessel, MV Mana, which is at present in the spot market, has been awarded a two-year contract in the North Sea by a prominent E&P company, Garware Offshore said in a statement to BSE.

“The value of the contract will be approx Rs 22.5 crore per annum,’’ it added.

Shares of Garware Offshore Services were trading at Rs 151.50, up 1.68 per cent in the afternoon trade on BSE. — PTI

Prev: Mentha rises in futures trading
Next: Ministry needs addl Rs 1,884 cr to clear subsidy dues: Maran

Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line