Seamec wins Rs 39.2 crore ONGC contract for offshore platform repairs
Seamec Limited has secured a contract from Oil and Natural Gas Corporation Limited (ONGC) for repair and replacement work at one of its offshore platforms.
The company disclosed to stock exchanges on July 8, 2025, that ONGC awarded the contract via Notification of Award (NOA) under contract no. GEMC-511687779259815, dated the same day. Key highlights of the contract: Scope of work: Repair and replacement of Spider Deck Members of Platform NLM9 in the Western Offshore region.
Total contract value: ₹39.2 crore (inclusive of GST and all other taxes and duties).
Execution timeline: Not exceeding 90 days, starting around October 16, 2025 .
Nature of order: Domestic, in the normal course of business.
Promoter interest: None; this is not a related party transaction.
The order will strengthen Seamec's portfolio in offshore engineering services. The company noted that the financial impact would reflect in its results in line with the execution schedule.
The disclosure was signed by S.N. Mohanty, President – Corporate Affairs, Legal, and Company Secretary.
Seamec is part of the MMG Group and specializes in offshore construction, diving support, and maintenance services for oil & gas infrastructure.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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