ONGC Hires Noble Jackup for 3-Year Contract

Jindal Drilling & Industries Limited, a part of the Jindal Group, has been awarded a firm order for the hire of the Noble George McLeod from ONGC. The contract is for a period of three years and is valued at approximately Rs850 Crore for work offshore India. The contract is expected to commence in December 2008. The rig has been idle since May 2008.

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