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Asian Energy Services Ltd. Company History and Annual Growth Details

M/s. Asian Oilfield Services Ltd. was incorporated as public limited Company & obtained the Certificate of Incorporation as a public limited company on 9th March, 1992 from the Registrar of Companies, Gujarat at Ahmedabad. The certificate for Commencement of Business was obtained
on 10th March, 1992. The company was formed by an association of professionals working in different fields to give integrated services in the areas of exploration & drilling of Oil/Gas to O.N.G.C., O.I.L. and such other private Companies.

The company is, at present, engaged in carrying out manual & mechanised Short Hole Drilling activities on behalf of ONGC & private Companies. The company proposes to expand its activities in workover rig services by purchasing 2 Nos. 30 Tons capacity and 1 no 50 Tons Workover Rigs at a total cost of Rs.416.50 lacs from USA. The cost of the project
has been estimated at Rs.658 lacs which is proposed to be financed, interalia, by public issue, as well as Foreign Currency Loan/DPG of Rs.150.00 lacs.

2007

-Asian Oilfield Services Ltd has appointed Mr. Vikram Walia as an Additional Director on the Board of Directors of the Company w.e.f. October 12, 2007.

2008

-Asian Oilfield Services Ltd has informed that Mr. Sumeet Narang has been appointed as a Nominee Director of Investor Company, M/s. Samara Capital Partners Fund I Ltd., on the Board of Directors of the Company w.e.f. January 30, 2008, in accordance with the Investment Agreement signed by the Company with M/s. Samara Capital Partners Fund I Ltd.

2010

- Mr. Krishna Kant is the Executive Vice Chairman at the Company.

2011

- Appointed Mr. Naresh Chandra Sharma the Non-Executive Independent Director as the Chairman of the Company.

- Mr. Rahul Talwar as President and Chief Executive Officer of the Company.

2012

- Asian Oilfield Services Ltd announced that it has bagged an order worth USD 4.20 million to carry out 2D Seismic Data Acquisition and Processing Services in Jambi Province on Sumatra Island, Indonesia.

- Leading 2D & 3D seismic service provider Asian Oilfield Services Ltd today said that Geo Enpro Petroleum Limited has awarded the company with a contract worth Rs 32 crore.

- Acquisition of Wireless Seismic RT System 2.

2013
-Asian Oilfield appoints Rabi Narayan as Independent Director.

-The Registered office of the company has been shifted from old address to 29, Payal Complex, Sayajigunj Station Road, Vadodara-390020.

2014

-Asian Oilfield Services has now been Shifted from the State of Gujarat to the State of Haryana, at the following New Address 703, 7th Floor, Tower A, Iris Tech Park, Sohna Road, Sector 48, Gurgaon, Haryana - 122018 Phone No: 0124-4256145 Fax No:- 0124-4256146 Email ID:- [email protected].

2015
-Asian Oilfield Services Ltd has Successful completion of Project in Kurdistan, Iraq.
-Asian Oilfield Services Ltd has MOU between the Company and Geokinetics International Inc.
-Asian Oilfield Services Ltd has "Award of Contract from GAZPROM"
-Asian Oilfield Servicesâ arm bags contract worth $10 mn
-Asian Oilfield S - Notification of Award of Contract by ONGC to Asian Oilfield Services Ltd.
-Asian Oilfield Services bags Rs 51.3 cr contract from ONGC
-Asian Oilfield Services bags Rs 8.5 cr contract from OIL
-Asian Oilfield S - Award of Contract from Jubilant Oil & Gas Pvt. Ltd. (JOGPL) and GAIL, Tripura

2016
-Asian Oilfield Services Ltd "Successful Implementation of Wireless Real-time Seismic technology in India".
-Asian Oilfield Services Ltd "Award of Contract from Bashneft International BV, Netherlands in Myanmar".
-Asian Oilfield Services Ltd "Change in Address of Registered Office of the Company".
-Asian Oilfield Services Ltd "Asian Oilfield Services Limited received Letters of Award of two Contracts from Oil India Limited for an estimated value of Rs. 140 Crores".

2017
-Asian Oilfield Services has received a contract worth Rs 69 crores from Oil India Limited.
-Asian Oilfield Services bags Rs 108.97 cr LoA from ONGC.

2018
-Asian Oilfield completes 3D Seismic Data acquisition at block EP 4.

2019
-Asian Oilfield Services wins Rs 640-cr seismic contract.

2020
-Asian Energy secures first order outside Oil & Gas sector.
-Company name has changed to Asian Energy Services Ltd. from Asian Oilfield Services Ltd.

2021
-AWARD OF 3D seismic data acquisition in Central Baramura area of A&AA Basin.
-Asian Energy Service has been awarded contract worth Rs 236 Crores.

2022
-Asian Energy Private Limited (AESL) receives Letter of Award from Vedanta Ltd for Operation and Maintenance of offshore platforms and onshore processing facility located in Gujarat.
-Asian Energy Services Limited ('AESL') along with its JV partner Furnace Fabrica (India) Limited ('FFIL'), has secured the contract worth 161 Cr (excluding GST) from The Singareni Collieries Company Limited for the design, supply, erection, commissioning, construction and testing of a coal handling plant at RG OC3, Telangana.

2024
-''Asian Energy Services Ltd (AESL) receives Letter of Award (LOA) worth INR 78.24 crores for 3D Seismic Data Acquisition services from Oil & Natural Gas Corporation Ltd (ONGC).''.
-AESL receives Letter of Award (LOA) for the operations and maintenance works (O&M) of the floating production storage and offloading system ('FPSO') named Svetah Venetia ('Svetah Venetia').

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