Seamec Secures USD 16.72 Million Subcontract for ONGC Project
Seamec Limited secured a subcontract with G R Infra projects Limited for charter hire of its vessel "SEAMEC III". The contract is for ONGC's subsea installation and diving works, valued at approximately USD 16.72 million (₹139 crore). The subcontract duration is 150 days and was announced on December 11, 2025.
The contract value is substantial and contributes to the company's revenue stream, but it is a subcontract and not a direct major project award.
The company has secured a new subcontract with a significant value, indicating business growth and positive operational development.
Seamec Limited has announced its entry into a significant subcontract with M/s. G R Infra projects Limited. This agreement involves the charter hire of its vessel, “SEAMEC III”, for subsea installation and diving works. The project, commissioned by Oil and Natural Gas Corporation Limited (ONGC), is part of the Part Replacement Pipeline Project, Pipeline Replacement Project – Group A (PRP -VIII A), and DSF II Project.
The subcontract has a tenure of 150 days and is valued at approximately USD 16.72 million (₹139 crore), exclusive of GST. The company confirmed that this transaction does not involve any related party transactions and is in the ordinary course of its business. The announcement was made on December 11, 2025.
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