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India: Aakash Exploration Services Receives LoA from Sun Petrochemicals for 152mn Project

A Letter of Award (LoA) from Sun Petrochemicals Private Limited for the hiring of Work over Rig Services (50 Ton Capacity and 40 Ton Capacity) on a callout basis for Sunpetro’s Oil & Gas Field in Gujarat worth over Rs. 15.20cr.

 

The contract validity will be three years with a provision to extend for one more year.

 

“Our Promoter / Promoter group / Group Companies are not interested in the Sun Petrochemicals Private Limited and the same would not fall under 'the related party transactions,” company said.

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