Aban Offshore Limited operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aban Offshore Limited with three other
Oil and Gas Field Services in Asia:
Scomi Energy Services Bhd
sales of 1.21 billion Malaysian Ringgits [US$273.11 million]
of which 84%
was Drilling Services),
Scomi Group Bhd
(1.38 billion Malaysian Ringgits [US$312.55 million]
of which 73%
was Oilfield services), and
Japan Drilling Co Limited
based in Japan
(36.23 billion Japanese Yen [US$325.32 million]
of which 75%
was Ocean Development).
During the year ended March of 2016, sales at
Aban Offshore Limited were 33.35 billion Indian Rupees (US$509.52 million).
decrease of 17.5%
versus 2015, when the company's sales were 40.41 billion Indian Rupees.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Aban Offshore Limited had sales
of 33.47 billion Indian Rupees.
Contributing to the drop in overall sales was the 18.0% decline
in Drilling, from 40.76 billion Indian Rupees to 33.44 billion Indian Rupees.
However, these declines were partially offset by the increase in sales of
Wind Energy (up 13.6% to 99.11 million Indian Rupees)