MoneyWorks4Me

Asian Oilfield Services wins orders worth $37 million

19 Jun 2019 Evaluate

Asian Oilfield Services has received two Public Tenders (Orders) for 2D and 3D CDP Seismic Acquisition within Block 12 in Republic of Iraq for $12 million and for $25 million, totaling to $37 million. Based on the technical qualification and lowest bidder of the tender the contract has been awarded to Asian Oilfield Services. The orders are to be executed within FY20 and FY21.

Asian Oilfield Services provides range of services to reputed national and multinational companies. The 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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