Order winNotableFiled on BSE ·

SEAMEC Limited awarded USD 26.14 million subsea installation contract by L&T

SEAMEC · Transport Services

Arthneeti Research DeskPublished 1 min read

Key highlights

  • SEAMEC and Posh India Offshore Pvt Ltd consortium received LOA from M/s Larsen & Toubro Limited (L&T Energy Hydrocarbon Div)
  • Contract involves subsea installation works for PRP-X pipeline replacement project of ONGC
  • Contract value is USD 26.14 million exclusive of GST, to be completed by May 2027

Why it's rated notable: the amount is 22% of annual revenue (20% to 50%)

Original filing

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.