Megha Engineering and Infrastructure (MEIL) handed over an indigenously built oil and gas rig to Oil and Natural Gas Corporation (ONGC) on Thursday. This is part of a Rs 6,000 crore tender bagged by MEIL in 2019 to supply 47 rigs to ONGC.
ONGC’s order of 47 rigs to MEIL comprises 20 workover rigs and 27 land drilling rigs.
According to MEIL officials, the first such rig was handed over in April while the second rig was delivered on Thursday. By March 2022, it is going to deliver 23 rigs to ONGC. At present, 14 rigs are in transportation to different locations across the country.