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SEAMEC Limited ( (IN:SEAMECLTD) ) has shared an announcement.
Seamec Limited has announced that its offshore support vessel SEAMEC II has completed a regulatory Flag State Inspection and has sailed back to the offshore field as of March 1, 2026, to resume its contract with ONGC. The redeployment of SEAMEC II indicates a return to revenue-generating activity under the existing ONGC contract, underscoring continuity in Seamec’s operational engagement in India’s offshore oil and gas sector and providing visibility on vessel utilization for stakeholders.
More about SEAMEC Limited
Seamec Limited operates in the offshore marine services industry, providing vessel-based support primarily to oil and gas companies. Its fleet, including the vessel SEAMEC II, is deployed for subsea and offshore field operations, with a notable customer relationship with India’s state-owned explorer Oil and Natural Gas Corporation (ONGC).
Average Trading Volume: 2,302
Technical Sentiment Signal: Strong Buy
Current Market Cap: 33.37B INR
For detailed information about SEAMECLTD stock, go to TipRanks’ Stock Analysis page.