Garware Wins Contract from ONGC

Garware Offshore Services Ltd. has received a letter of award of contract from Oil & Natural Gas Corp. Ltd. (ONGC) for its platform supply vessel, "M.V. Kamet," scheduled to be delivered in May 2007. The length of the contract is five years.

The vessel is a UT755L design with clean notation, DP1 & FIFI 1, will be deployed in India.

The value of the contract will be approximately Rs 25 crores per annum.

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