Seamec Princess Chartered for ONGC West Coast Project, Valued at $460K
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CNBC TV1816-02-2026, 18:21

Seamec Princess Chartered for ONGC West Coast Project, Valued at $460K

  • Seamec Limited's vessel, Seamec Princess, chartered to Supreme Offshore Construction & Technical Services Limited for ONGC oilfield operations.
  • The vessel will perform SAT diving and air diving jobs under an ONGC contract on the west coast of India.
  • The charter period is approximately four days, with an option for extension, commencing February 14.
  • Total contract value estimated at $460,000 (₹4.17 crore), exclusive of GST.
  • Seamec reported strong Q3 FY25 results: revenue up to ₹317.05 crore and profit before tax of ₹107.30 crore.

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