Asian Oilfield Services has received a Letter of Award (LOA) for acquisition of 20 and 30 seismic data of oil blocks located in Rajasthan and Gujarat state from a reputed oil and gas company in India. The total value of the LOA received is about Rs 640 crore (inclusive of GST).
The term of LOA is two years. The company will perform services pursuant to issuance of call out notice for respective block/area. The actual volume and value of work along with duration will be subject to issuance of call out notice. The company has accepted the LOA and is in process of finalizing the terms and conditions for signing the contract post this issuance of LOA.
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.
Company Name | CMP |
---|---|
ONGC | 275.15 |
Oil India | 600.30 |
Jindal Drilling&Inds | 765.30 |
Hind Oil Exploration | 202.50 |
Deep Industries | 297.45 |
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