MoneyWorks4Me

Asian Oilfield Services’ arm bags contract worth $57 million in Nigeria

27 Dec 2016 Evaluate

Asian Oilfield Services’ wholly owned subsidiary -- Asian Oilfield & Energy Services DMCC, Dubai, has received a binding Letter of Intent (LoI) for providing Operations and Maintenance (O&M) Services for an offshore production unit operating at an oil field in offshore Nigeria. The duration for services is 3 years with approximate value of $57 million. The contract finalization for LoI is under progress.

Asian Oilfield Services has provided range of services to reputed national and multinational companies. This company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.

Peers
Company Name CMP
ONGC 237.95
Oil India 479.00
Jindal Drilling&Inds 591.05
Deep Industries 766.55
Asian Energy Service 474.30
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