Latest news with #S.N.Mohanty
Business Upturn
08-07-2025
- Business
- Business Upturn
Seamec wins Rs 39.2 crore ONGC contract for offshore platform repairs
By Aditya Bhagchandani Published on July 8, 2025, 18:52 IST Seamec Limited has secured a contract from Oil and Natural Gas Corporation Limited (ONGC) for repair and replacement work at one of its offshore platforms. The company disclosed to stock exchanges on July 8, 2025, that ONGC awarded the contract via Notification of Award (NOA) under contract no. GEMC-511687779259815, dated the same day. Key highlights of the contract: Scope of work: Repair and replacement of Spider Deck Members of Platform NLM9 in the Western Offshore region. Total contract value: ₹39.2 crore (inclusive of GST and all other taxes and duties). Execution timeline: Not exceeding 90 days, starting around October 16, 2025 . Nature of order: Domestic, in the normal course of business. Promoter interest: None; this is not a related party transaction. The order will strengthen Seamec's portfolio in offshore engineering services. The company noted that the financial impact would reflect in its results in line with the execution schedule. The disclosure was signed by S.N. Mohanty, President – Corporate Affairs, Legal, and Company Secretary. Seamec is part of the MMG Group and specializes in offshore construction, diving support, and maintenance services for oil & gas infrastructure. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
08-07-2025
- Business
- Business Upturn
Seamec secures extension of SEAMEC II vessel charter with ONGC till February 2026
By Aditya Bhagchandani Published on July 8, 2025, 18:46 IST Seamec Limited has announced an extension of the charter hire contract for its vessel SEAMEC II, as notified by ONGC (Oil and Natural Gas Corporation). In a regulatory filing dated July 8, 2025, the company informed the stock exchanges that the contract for SEAMEC II, which was earlier set to end on July 24, 2025, has now been extended through February 2, 2026. The event was recorded at 17:14 hours on July 8, 2025, and disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. About the company Seamec Limited, a member of the MMG group, is a leading provider of diving support vessels, multi-support vessels, and other offshore services to oil and gas companies. The company is headquartered in Mumbai and is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards. The disclosure was signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
