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Award of Contract

| Updated on March 18, 2011 Published on March 18, 2011

Dolphin Offshore Enterprises (India) Ltd has informed BSE that the Shipping Corporation of India Ltd. vide their letter dated March 16, 2011 has appointed the Company as its subcontractor for providing diving services on board ONGCs two Multi Support Vessels (MSVs), SAMUDRA SEVAK and SAMUDRA PRABHA and one Geo Technical Vessel (GTV) SAMUDRA SARVEKSHAK.

This contract is for a firm period of one year starting from March 24, 2011 with a value of approximately Rs 580 million with SCI having option to Extend it for further 18 months on the same terms and conditions; taking the total potential contract value up to Rs 1450 million over a period of 30 months.

Source : BSE - www.bseindia.com

Published on March 18, 2011
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