SAAG's Indian subsidiary, SAAG RR Infra Limited, has received contracts from ONGC for two of its offshore modular workover rigs, the SAAG Pacific and the SAAG Saffron. The contracts are for well service and workover operations offshore India.
Both contracts have a firm period of three years with an expected commencement date of early next year. The contracts are valued at RM 200 million for the three year term including mobilization fees.
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