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Aban Offshore information


Aban Offshore Ltd.
FormerlyAban Loyd Chiles Offshore Ltd. (1986–2006)
Company typePublic company (BSE: 523204) (NSE: ABAN)
Traded as
BSE: 523204
NSE: ABAN
IndustryOilfield services
Founded1986; 38 years ago (1986)
FounderM.A. Abraham
HeadquartersChennai, Tamil Nadu, India
Key people
Reji Abraham
[Managing Director]
ServicesDrilling
RevenueDecrease 1,326.62 crore (US$160 million) (2021)
Operating income
Decrease −886.52 crore (US$−110 million) (2021)
Net income
Decrease −1,972.53 crore (US$−240 million) (2021)
Total assetsDecrease 4,619.29 crore (US$550 million) (2021)
Total equityDecrease −16,822.76 crore (US$−2.0 billion) (2021)
Number of employees
1,001-5,000 employees
Websiteabanoffshore.com

Aban Offshore (formerly Aban Loyd Chiles Offshore Ltd.) (BSE: 523204), (NSE: ABAN) is Indian multinational offshore drilling services provider headquartered in Chennai, India. Its services are mainly used by oil companies, especially for ONGC.The company listed on the Bombay Stock Exchange Ltd.[1][2][3][4]

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.

  1. ^ "Aban Loyd to buy 3 more jack-up rigs – Gets shareholders' nod to raise $100 m". Business Line.
  2. ^ "Aban Loyd Chiles Offshore: Buy". The Hindu Business line.
  3. ^ "Executive Profile, Reji Abraham". Bloomberg Businessweek.[dead link]
  4. ^ "Aban Offshore".

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