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Aban Offshore’s arm incorporates subsidiary company

03 Oct 2018 Evaluate

Aban Offshore’s step-down subsidiary -- Aban Singapore has incorporated a subsidiary Caldera Petroleum (UK) in UK, to facilitate the group to acquire hydrocarbon reserve field.

Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company's operating segments include offshore oil drilling and production services, and wind power generation (Wind energy). It is also engaged in the ownership and operation of wind turbines for generation of wind power in India.

Peers
Company Name CMP
ONGC 224.90
Oil India 443.80
Jindal Drilling&Inds 571.45
Deep Industries 745.50
Asian Energy Service 455.10
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