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Punj Lloyd arm gets Libyan contract

NEW DELHI: Punj Lloyd Upstream, a subsidiary of Punj Lloyd, had received a letter of intent (LoI) for a contract worth $42 million in Libya for deploying two onshore rigs. The contract requires drilling exploratory wells in the Gialo oilfield of the prolific Sirte Basin for Waha Oil Company. — Special Correspondent

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Punj Lloyd arm gets Libyan contract

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