Mumbai, Aug. 11 -- Hazoor Multi Projects Ltd. (HMPL), one of India's fastest-growing infrastructure and engineering has announced that its recently acquired subsidiary, Quippo Oil & Gas Infrastructure Ltd., has been awarded a contract valued at Rs. 280.1 Crore by Oil India Limited, a Maharatna Public Sector Undertaking (PSU), according to a statement issued here on Monday.
The contract involves the charter hire of one drilling rig, reinforcing Quippo's credentials in the upstream oil and gas services domain and marking HMPL's bold entry into India's upstream energy services sector-positioning the company to play a long-term role in the country's energy infrastructure development.
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