Asian Energy Services (AESL) has received Letter of Award (LOA) from Svetah Energy Infrastructure FZE, UAE (Consortium Partner as per the Consortium Agreement) for the Operations & Maintenance works (O&M) of the floating production storage and offloading system (FPSO) named Svetah Venetia, to be deployed for production of Oil and Gas in the offshore area of contract area CY-OS-90/1 (PY-3 Field), located near Puducherry, on the east coast of India.
The Estimated value of LOA is around $20 Million. The primary term is proposed to be 5 years commencing from the date of readiness of Svetha Venetia to receive hydrocarbons from PY-3 Field. The third of its kind, Asian has achieved a key milestone with this LOA to emerge as a dependable and cost efficient service partner for the O & M of production facilities for Oil & Gas Industry.
Asian Energy Services (formerly 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.
