Jindal Drilling & Industries (NSE:JINDRILL, BOM:511034) has secured an order from the Oil & Natural Gas Corp. (NSE:ONGC, BOM:500312) for the deployment of rig Jindal Explorer for three years at an effective day rate of $35,138.71, according to a Wednesday filing to the Inidian stock exchanges.
The current contract of Jindal Explorer with ONGC is expected to conclude in the fiscal first quarter of financial year 2026, with the new contract expected to start in the third quarter of the year.
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