Aban Offshore Ltd. engages in the provision of offshore drilling and production services to companies engaged in exploration, development, and production of oil and gas both in domestic and international markets. The company is headquartered in Chennai, Tamil Nadu and currently employs 465 full-time employees. The firm is also engaged in the ownership, operation and maintenance of wind turbines for generation of wind power in India. The firm is focused on the business of offshore drilling services. The firm offers a range of offshore drilling services to clients in India and abroad, including exploratory services, drilling services, production of hydrocarbons, and manning and management. The firm and its subsidiaries produce about 70 megawatts of wind energy annually. The Company’s wind farms are located at Radhapuram, Pazhavoor and Kavalkinaru in Tirunelveli District of South Tamil Nadu. Its subsidiary, Aban Energies Limited (AEL), operates and maintains the KVS-33 model, 410 KW capacity wind turbines.
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This company hasn't held an earnings call in the last six months, so there's no recent commentary from management. Our deep dives are built on what management actually said, so we haven't prepared one.
17 fields couldn't be derived. The company was scraped before the cash-flow and balance-sheet rows were captured. Re-running an analysis will refresh these.