sector: Energy ·
industry: Oil & Gas Exploration & Production ·
As of
3:57pm IST
1,237.30INR
Aban Offshore Limited is an India-based company. The Company is engaged in providing drilling oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad. The Company’s primary segments are offshore oil drilling and production services and wind power generation. The Company possesses 20 offshore assets including 15 jack-up offshore drilling rigs, two drill ships, one floating production platform and a jack-up rig and drill ship each on bareboat charter.
BRIEF: For the six months ended 30 September 2009, Aban Offshore Ltd.'s revenues decreased 14% to RS15.13B. Net income decreased 53% to RS1.82B. Revenues reflect a decrease in income form operations and a significant fall in other income. Net income also reflects a significant increase in repair & maintenance charges and a rise in interest expenses. The company is engaged in offshore exploration and production of oil and gas fields.
Aban Offshore Limited
Janpriya Crest,
113 Pantheon Road,
Egmore
Chennai 600 008
P: +9144.28195555
F: +9144.28195527