SEAMEC LTD. - 526807 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
We wish to inform you that the Company along with consortium partner M/s. Posh India Offshore Private Limited has entered into an understanding with M/s. Larsen & Toubro Limited for diving related and other associated work through deployment of our Vessel "SEAMEC PRINCESS" for ONGC work of Pipeline Replacement Project VII (PRP-VII RTR). The total combined value of the contract to consortium is USO 101,007,325 exclusive of GST. The detailed agreement will be made in future. We request you to kindly take the above on your records.08-04-2022