 | |
| Formerly | Aban Loyd Chiles Offshore Ltd. (1986–2006) |
|---|---|
| Company type | Public company |
| Traded as | BSE: 523204 NSE: ABAN |
| Industry | Oilfield services |
| Founded | 1986; 39 years ago (1986) |
| Founder | M.A. Abraham |
| Headquarters | Chennai, Tamil Nadu, India |
| Key people | Reji Abraham (Managing Director) |
| Services | Drilling |
| Revenue |  ₹1,326.62 crore (US$160 million) (2021) |
| Operating income | ₹−886.52 crore (US$−100 million) (2021) |
| Net income | ₹−1,972.53 crore (US$−230 million) (2021) |
| Total assets | ₹4,619.29 crore (US$540 million) (2021) |
| Total equity | ₹−16,822.76 crore (US$−2.0 billion) (2021) |
| Number of employees | 1,001-5,000 employees |
| Website | abanoffshore.com |
Aban Offshore (formerly Aban Loyd Chiles Offshore Ltd.) is an Indian multinational offshore drilling services provider headquartered in Chennai. Its services are mainly used by oil companies, especially for ONGC. The company listed on the Bombay Stock Exchange.
The group has also ventured into construction, offshore and onshore drilling, wind energy and power generation, Information Technology enabled services, hotels and resorts, tea plantations and in marketing.
Financials
In 2021, the company reported consolidated net loss of Rs 1972.53 crore.
References
- "Aban Loyd to buy 3 more jack-up rigs – Gets shareholders' nod to raise $100 m". Business Line.
- "Aban Loyd Chiles Offshore: Buy". The Hindu Business line.
- "Executive Profile, Reji Abraham". Bloomberg Businessweek.
- "Aban Offshore".
- "Aban Offshore reports consolidated net loss of Rs 193.85 crore in the September 2020 quarter". Business Standard India. 11 November 2020.
- "Aban Offshore Balance Sheet, Aban Offshore Financial Statement & Accounts". moneycontrol.com. Retrieved 18 December 2021.