Asian Energy Services Limited (ASIANENE.BO)
Asian Energy Services Limited operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Mumbai, MA, IN. The stock last traded at $413.70, up 2.02% on the session, giving a market capitalisation of $20.15B. Its beta of 0.81 implies it has historically moved less than the broad market.
Headquartered in Mumbai, India, and established in 1992, Asian Energy Services Limited (AESL) delivers a wide array of services to the global and domestic energy and mineral industries. Operating through its Oil and Gas, and Mineral and Other Energy Sectors segments, the company offers extensive seismic solutions. These include 2D/3D land seismic data acquisition, transition zone operations, on-site data processing, specialized borehole and multiclient seismic projects, expert consulting and interpretation, and advanced wireless real-time data capture. AESL also undertakes the operation and maintenance of both onshore and offshore oil and gas facilities. Its comprehensive well services span design, drilling management, hydraulic fracturing, and completion for vertical and directional wells. Furthermore, the company employs energy-intensive methods, such as injecting heat, chemicals, carbon dioxide, or other gases, and cyclical steam injection, to enhance crude oil recovery. AESL's portfolio also encompasses various essential facilities like floating oil production units, floating production, storage, and offloading (FPSO) vessels, mobile oil production units, and onshore oil and gas terminals. Formerly known as Asian Oilfield Services Limited until its name change in October 2020, Asian Energy Services Limited operates as a subsidiary of Oilmax Energy Private Limited.
Asian Energy Services Limited is most often compared with the following Energy names: