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SEAMEC Wins Extended ONGC Charter for Offshore Vessel SEAMEC II

Story Highlights
  • SEAMEC’s offshore vessel SEAMEC II has secured a charter extension from ONGC until August 25, 2026.
  • The contract extension preserves existing terms, strengthening SEAMEC’s revenue visibility and ties with ONGC in offshore services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SEAMEC Wins Extended ONGC Charter for Offshore Vessel SEAMEC II

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SEAMEC Limited ( (IN:SEAMECLTD) ) has shared an announcement.

SEAMEC Limited has announced that the charter hire contract for its offshore support vessel SEAMEC II has been further extended by Oil and Natural Gas Corporation (ONGC) until August 25, 2026, with all existing terms and conditions remaining unchanged. The extension secures continued vessel deployment and revenue visibility for SEAMEC in its core offshore services segment, reinforcing its operational relationship with ONGC and underscoring the sustained demand for its marine assets in the Indian offshore energy market.

More about SEAMEC Limited

SEAMEC Limited operates in the offshore oil and gas services industry, deploying specialized vessels such as SEAMEC II to support subsea and marine operations for clients including major state-owned companies like ONGC.

Average Trading Volume: 2,755

Technical Sentiment Signal: Strong Buy

Current Market Cap: 30.74B INR

For detailed information about SEAMECLTD stock, go to TipRanks’ Stock Analysis page.

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