Dolphin Offshore Enterprises (India) advanced over 8% and touched day’s high of Rs90.95, after the company receives contract worth of Rs270 crore from the state-owned oil exploration company Oil and Natural Gas Corporation ( ONGC).
The company has received a Notification of award of contract for OGIP Power to ESP Project from ONGC vide their letter dated March 22, 2012, oil equipment & services provider said in a filing to the stock exchanges.
The schedule completion date of this contract is May 15, 2013 and the contract value is approximately Rs270 crore, it added.
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The company has received a Notification of award of contract for OGIP Power to ESP Project from ONGC vide their letter dated March 22, 2012, oil equipment & services provider said in a filing to the stock exchanges.
The schedule completion date of this contract is May 15, 2013 and the contract value is approximately Rs270 crore, it added.
....more info