ONGC hires six oil drilling jack-up rigs

State-owned Oil and Natural Gas Corporation Ltd (ONGC) last week hired six oil drilling jack-up rigs– two each from Shelf Drilling and Foresight Group International and one each from Greatship India and Jindal Drilling & Industries– on a three year contract.

Greatdrill Chaaru, a 350 ft jack-up drill owned by Greatship (India) Ltd, a wholly owned unit of Great Eastern Shipping Company, was awarded the three-year contract, at an operating day rate of $46,322.

The 350 ft jack-up rigs Vivekanand 1 and Vivekanand 2, owned by Ravi Mehrotra-led Foresight Group International, won the contracts at operating day rates of $46,371 and $46,345, respectively, an ONGC official said.

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