24 Jul 2019 | 4:23 AM

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Asian Oilfield Services bags Rs 108.97 cr LoA from ONGC
  Asian Oilfield Services Ltd. | 23 Jul 2019 | 04:01 PM
Published on 03-24-2017
Reservoir imaging company Asian Oilfield Services Ltd on Friday said it has secured a contract from ONGC Ltd for 2D seismic data acquisition for Rs 108.97 crore.


In a filing to the Bombay Stock Exchange the company said “It has received a Letter of Award of contract worth Rs 108.97 crore from ONGC Limited for 2D seismic data acquisition in unappraised on land areas of Sedimentary Basins of India for sector 6 (Ganga).”


The company further said that it has acknowledged the receipt of this Letter of Award and has initiated the process of acceptance and execution of contract for the same.


Meanwhile shares of the company were trading at Rs 240.85 apiece up 4.99 per cent from previous close on BSE at 12:07 hours.