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United Drilling Tools Secures Rs. 40.6mn Drilling Equipment Contract from ONGC

United Drilling Tools Limited has secured a significant domestic order worth Rs. 40.6 million from Oil and Natural Gas Corporation Limited (ONGC). The company will supply gas lift valves and side pocket mandrels, with the order scheduled for execution within 3-4 months.

The contract involves the supply of specialized oil drilling equipment in the ordinary course of business. The order represents a substantial addition to the company's order book and demonstrates continued demand for drilling infrastructure equipment.

Parameter:    Details
Awarding Entity:    Oil and Natural Gas Corporation Limited
Contract Value:    Rs. 4,05,71,223 (Rs. 40.6 million)
Execution Timeline:    3-4 months
Order Type:    Domestic
Product Specifications

The order encompasses the supply of critical drilling equipment components essential for oil and gas extraction operations:
Equipment Type:    Application
Gas Lift Valves:    Oil extraction enhancement
Side Pocket Mandrels:    Drilling operations support

These products are vital components in ONGC's drilling infrastructure, reflecting the corporation's continued investment in equipment modernization and operational efficiency.

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