Seamec Secures USD 3.25 Million ONGC-Linked Subsea Services Order via Adsun Offshore

Seamec Limited has informed the stock exchange that it has been awarded a significant subsea services order by M/s Adsun Offshore Diving Contractors Pvt Ltd through a Letter of Award dated 18 December 2025. The work will be carried out on board the vessel SEAMEC III for ONGC’s Part Replacement Pipeline Project (PRP-VIII) and DSE II Project, reinforcing Seamec’s position in India’s offshore oil and gas services space.​

The lump-sum consideration for the contract is approximately USD 3.25 million, exclusive of GST, and will be executed over the working season of 2025–26. The scope includes critical diving and subsea activities, contributing to ONGC’s offshore infrastructure and offering revenue visibility for Seamec in the next operating cycle.​

Key Highlights

Client: M/s Adsun Offshore Diving Contractors Pvt Ltd.​

End Customer: Oil and Natural Gas Corporation Limited (ONGC).​

Vessel Deployed: SEAMEC III for PRP-VIII and DSE II projects.​

Scope: Diving-related services including jacket installation support, subsea work and related offshore activities.​

Contract Value: About USD 3.25 million, excluding GST.​

Execution Window: Working season of 2025–26.​

Sources: Seamec Limited disclosure to BSE under Regulation 30, Letter of Award details shared by the company.