Seamec Ltd inks Consortium Agreement worth USD 1.47 million for ONGC Vessel support
Seamec Limited entered a Consortium Agreement with M/s. SUPREME HYDRO ENGINEERING PVT LIMITED. The agreement is for providing diving technical expertise on the ONGC Vessel “SAMUDRA SEVAK”. The total contract value is approximately USD 1.47 million (₹12.23 crore). The agreement was executed on August 14, 2026.
The contract value of USD 1.47 million is significant for the company and is likely to have a noticeable impact on its business operations and financials.
The company has entered into a new agreement that will generate revenue, which is a positive development.
Seamec Limited has announced the formation of a Consortium Agreement with M/s. SUPREME HYDRO ENGINEERING PVT LIMITED.
This agreement is for availing Support on Diving Technical Expertise for the ONGC Vessel “SAMUDRA SEVAK”, which is managed by SEAMEC.
The total contract value for this consortium agreement is approximately USD 1.47 million, inclusive of GST. The agreement was executed on August 14, 2026, at 13:27 hours. This collaboration aims to enhance the operational capabilities of the vessel by integrating specialized diving technical expertise.
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Seamec Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. 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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