# Deep Industries wins ₹1,402 crore ONGC production enhancement contract at Rajahmundry

Deep Industries announced on September 7, 2024 a 15-year production enhancement contract from ONGC worth ₹1,402 crore for mature fields at its Rajahmundry asset, its largest order to date.

- Type: Contract
- Announced: 2024-09-07
- Where: Rajahmundry, India
- Value: $167.0M (14.0B INR)
- Status: announced
- Products: production enhancement services, oil and gas field services

## Companies

- [Deep Industries](https://endata.com/companies/12254.md)
- [ONGC](https://endata.com/companies/4111.md) (customer)

## Sources

- [offshore-technology.com](https://www.offshore-technology.com/news/deep-industries-secures-ongc-contract/), 2024-09-09: "The contract, valued at around Rs14.02bn, is for production enhancement operations at ONGC's mature fields in the Rajahmundry asset and spans a period of 15 years."
- [angelone.in](https://www.angelone.in/news/share-market/deep-industries-wins-ongc-contract-rajahmundry), 2024-09-09: "This is the largest project ever awarded to the company and has more than doubled its existing order book."
- [etnownews.com](https://www.etnownews.com/markets/rs-1400-cr-deep-industries-secures-its-largest-ever-order-from-ongc-stock-skyrockets-20-article-113191770), 2024-09-09: "The total estimated value of this award is approximately Rs 1,402 crore"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.