Jindal Drilling Wins 3-Year ONGC Contract At $47,894 Day Rate

30 July 2026

Jindal Drilling & Industries Ltd.

Jindal Drilling received ONGC award for rig Jindal Pioneer at EDR ~$47,894/day for 3 years, starting Q3 FY27. Secures revenue for previously idle owned rig, reduces FY27 contract expiry risk.