RBM Infracon Completes First Workover at Nandej Oil Field, Initiates Second Operation

RBM Infracon Limited has successfully completed its first workover operation at the ONGC Nandej Oil Field and initiated the second phase. The ₹33,498 crore project, spanning 15 years with a possible five-year extension, includes ₹33,371 crore for crude oil and ₹127 crore for gas extraction. RBM’s takeover of operations marks a milestone in India’s energy infrastructure, showcasing its expertise in EPC contracts and oil & gas services. Revenues from the project will gradually reflect in RBM’s financials.

 

Sources: NSE Archives, PSU Connect, DSIJ, Bajaj Broking