Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Jindal Drilling And Industries secures a three-year contract from ONGC with an Effective Day Rate of approximately USD 47,893.99.

Jul 30, 2026•10 days ago

Contract Type

contract

EnergyOil And Gas

Description

Jindal Drilling And Industries Limited has won a substantial contract from Oil & Natural Gas Corporation Limited (ONGC) involving the deployment of the rig Jindal Pioneer. This contract is a key development for Jindal Drilling, enhancing its operations and positioning within the competitive domestic energy sector.

Company Information

Company

Jindal Drilling and Industries Limited

About

Jindal Drilling and Industries Limited is involved in providing directional drilling services. The company has recently achieved a favorable arbitration award against Oil and Natural Gas Corporation (ONGC). This award is expected to improve the company's financial position and profitability. Jindal Drilling focuses on enhancing operational performance within the energy sector.

Predictive Intelligence
Strategic

ML-powered predictions for Jindal Drilling and Industries Limited's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.