The Great Eastern Shipping Company Limited CC-Mar25.pdf · 2025-05-12
Yes, sir. It’s regarding our offshore drilling contracts. So if we look at the day rates like 1 year back and now, they have come down substantially, all the way from like $80,000, $85,000. They are now hovering around $35,000, sir. So what has changed so much in this 1 year that the day rates have fallen so much, sir?
Sir, my second question is regarding like last 3 to 4 months, we have seen like India Energy Week and also we have seen Indian government passing our oilfield amendment bills have had an impact. So do we see any enthusiasm from like the government players like ONGC, Oil India to drill more like in the coming future, like not now, but maybe like 6 months or 1 year down the line, going back to the drawing board and trying to do the seismic data for whatever the fields they got in the OALP Round 9, and also Round 10 has been launched recently. So are we seeing any enthusiasm from that side, sir?