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Asian Oilfield Services completes 1st phase of project in Gujarat

13 Jul 2020 Evaluate

Asian Oilfield Services has successfully completed the 1st phase of project in Cambay basin, Gujarat and achieved 1st project milestone in Rajasthan while ensuring strict compliance with the guidelines related to COVID prevention and spread. Despite COVID related lockdown and subdued oil prices company see a robust growth of seismic services.

The operations in Cambay, Gujarat restarted in June after lockdown restrictions were lifted and company has successfully completed first phase of project while ensuring strict compliance with the guidelines related to COVID prevention and spread. Next phase of operation will now resume after monsoon break.

The company has successfully commissioned newly acquired Vibroseis for Rajasthan project and have successfully achieved the first project milestone as per schedule i.e. completion of mobilization. Project operations and revenue generation have started now and it will contribute going forward from Q2 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.

Asian Energy Service Share Price

351.60 -11.40 (-3.14%)
16-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 248.25
Oil India 419.70
Jindal Drilling&Inds 587.05
Deep Industries 494.85
Asian Energy Service 351.60
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