HMPL’s subsidiary quippo oil & gas infrastructure secures Rs. 280.1 Cr Oil India Limited’s Order
Posted in :
Hazoor Multi Projects Ltd. (HMPL)One of India Fastest-Growing Infrastructure and Engineering Enterprises, is pleased to announs 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). The Contract Involves The Charter Hire of One Drilling Rig, Reinforcing Quippos Creditals in the Upstream Oil and Gas Services Domain and Marking HMPLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS BOLLS SERTOMES Upstram ENERAM ENERAM ENERAM ENERAM ENERAM ENERAM ENERAM Energy Company to play a long-term role in the country energy infrastructure development.
This oil India Order is more than a business win-it signs hmpls strategic shift from a Pure-Play EPC operator to an integrated platform capable of executing in capital-renewing, hygie The acquisition of quippo was a deliberate, fundamentals-Driven step aligned with national energy priorities, aimed at unlocking value in sector characterized by Characterized by Recurring Competition, and Policy-Driven Tailwinds.
India upstream oil and gas sector is poised for significant expansion, supported by the governments commitment to Reduce energy energy import dependent by 10% and Attract Over $ 100 billion in ENERGY Infrastructure Investment by 2030. Policy enablers such as the hydrocarbon exploration and licensing policy (help) and the open account licensing policy (Oalp) are designed to boost domestic exps Recovery, Creating Sustained Demand for High-Performance Service Providers Like Quippo.
Quippo, a pioneer in India onshore oilfield services landscape, significly strengthens hmpls operating base with Deep Technical and Executive Capability. Its Asset Base Includes a Fleet of 14 Advanced Drilling Rigs, Ranging From 650 hp to 3000 hpEquipped with Top-Drive Systems Capable of Deep and Complex Drilling Operations. Supported by a team of over 400 oilfield professionals with global experience and a strong safety-firist, quippo has a proven track record, Including the Successful Execurning of OVER 125 Wells Across India, Notable Delivering The Deepest Onshore Well in Indian History-In Assam-Completed Ahead of Schedule and Under Budget. Its Diversified Service Portfolio Spans Directional Drilling, Work-Opers Operations, Cementing, Seismic Surveys, and Integrated Field Development, Making Its Players Capables Players Capable of Indian Players End-to-end upstream solutions.
These capabilities immediatively enhance hmpls ability to pursue large-scale, integrated energy service contracts with the oil and gas industry. With high entry barriers, Limited Domestic Competition, and Increasing Demand for TurnKey Service Models, Quipps Platform Positions HMPL at the Center of A Sector that Offers Stable, Recurring Revenue, Recurring Revenue, Recurring Revenue Durability, and long-cycle growth potential.
HMPLS Evolution Reflects a Broader Ambition-Not Merely to be a Contractor of Road Infrastructure, but to emerge as a strategic partner in India energy and industrial growth story, with a clea Sustainable, Long-Term Stakeholder Value Through Disciplined Execution, Intelligent Diversification, and Consistent Value Creation Across all its vertels.
About Hazoor Multi Projects Ltd. (HMPL)
Hazoor Multi Projects Ltd. (HMPL) is a bse listed, diversified infrastructure and engineering company based in Mumbai, with Core Operations Spanning Highways, Civil EPC Worsks, and Shipyard Services and Now in OL and Now In Ope and Now In Ope and GAPYARD SERVICES and No. Known for Execution Excellence and Strategic Clarity, HMPL Has Built a Solid Track Record Accord Accord Capital-Intense, National Significant Projects. With a focus on scalable growth, recurring revenues, and multi-opeical integration, hmpl is building a future-ready platform at the interaction of infrastructure, Energy, Energy.
![]()
