Essar Shipping’s step-down subsidiary - Essar Oilfield Services India (EOSIL) has commenced a contract awarded by Mercator Petroleum to drill two firm oil wells plus one optional oil well in the Cambay Basin. With the company commencing a few other drilling contracts in this fiscal, EOSIL is expecting to clock revenues of $48 million in this fiscal.
Essar Shipping is an integrated logistics solution provider with investments in logistics services, sea transportation and oilfield drilling services.
| Company Name | CMP |
|---|---|
| Shipping Corpn. | 286.20 |
| GE Shipping | 1389.55 |
| Dredging Corp | 1040.40 |
| Seamec | 1588.25 |
| Shreeji Ship.Global | 452.90 |
| View more.. | |
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