Seamec Limited Secures ONGC Contract Worth USD 4.6 Lakhs
Seamec Limited secured a charter hire contract for its vessel SEAMEC PRINCESS with Supreme Offshore Construction & Technical Services Limited. The contract is for SAT Diving and AIR Diving jobs in the ONGC Oilfield and is valued at approximately USD 460,000, exclusive of GST. The firm period is 4 days with an extension option.
The contract value is significant and contributes to the company's revenue, but the short duration and the fact that it is a charter hire suggest a medium impact.
The company has secured a new contract, which is a positive development for its business operations.
Seamec Limited has announced that its vessel, SEAMEC PRINCESS, has been chartered by Supreme Offshore Construction & Technical Services Limited for operations in the ONGC Oilfield on the West Coast of India. The contract involves carrying out SAT Diving and AIR Diving jobs.
The firm period for this charter is approximately 4 days, with an option for extension based on mutually agreed terms. The charter commenced on Saturday, February 14, 2026, at 21:30 hrs.
The total value of the contract is estimated at USD 460,000, exclusive of GST. This arrangement is considered to be in the normal course of business and does not involve any related party transactions. The company has provided the necessary details as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Seamec Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Seamec Limited. Read the original for the full detail.