STOCKWATCH

Asian Energy Services Secures Rs. 82 Crores Contract from Oil India for 2D Seismic Data Acquisition

Asian Energy Services Limited (AESL) has been awarded an order from Oil India for 2D Seismic Data Acquisition of 4,300 LKM in Rajasthan Basin under Mission Anveshan. The total contract value is ~Rs 82 crores inclusive of all taxes and duties. The order will be executed over a span of 18 months, adding to the current order book of approx Rs 1,000 crs. This significant step reinforces AESL's presence within the industry, demonstrating its commitment to actively pursue opportunities across every business segment and enhance its capabilities.

• Awarded an order from Oil India for 2D Seismic Data Acquisition of 4,300 LKM in Rajasthan Basin.
• Total contract value is ~Rs 82 crores inclusive of all taxes and duties.
• The order will be executed over a span of 18 months.
• The current order book stands at approx Rs 1,000 crs.
• A significant step in reinforcing AESL's presence within the industry.