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Asian Energy Services wins contract for ADNOC's Hail and Ghasha project
Asian Energy Services (AES) has announced that it has been awarded a contract by the Abu Dhabi National Oil Company (ADNOC) for the Hail and Ghasha project, which is located offshore Abu Dhabi in the United Arab Emirates.
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Asian Energy Services posts strong growth in Q3 2022
Asian Energy Services (AES) has reported strong growth in its third-quarter 2022 financial results, with revenue increasing by 35% year-on-year and net income increasing by 56%.
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Asian Energy Services acquires SEI Group
Asian Energy Services (AES) has announced the acquisition of SEI Group, a leading provider of engineering and construction services to the energy industry in the Middle East and North Africa.
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Asian Energy Services Ltd Reports Strong Financial Performance in Q3 2023
Asian Energy Services Ltd (AESL), a leading provider of integrated energy services, has announced its financial results for the third quarter of 2023. The company reported a strong performance, with revenue increasing by 15% year-over-year and net income rising by 20%. AESL attributed its growth to increased demand for its services in the oil and gas, power, and renewable energy sectors.
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Asian Energy Services Ltd Secures Major Contract with National Oil Company
Asian Energy Services Ltd (AESL) has secured a major contract with a national oil company in the Middle East. The contract, valued at over $100 million, involves the provision of integrated drilling and production services for a period of five years. AESL said that the contract win is a testament to its strong track record and commitment to delivering high-quality services to its clients.
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Asian Energy Services Ltd Launches New Technology to Enhance Drilling Efficiency
Asian Energy Services Ltd (AESL) has launched a new technology that is designed to enhance drilling efficiency and reduce costs for its clients. The technology, called the 'SmartDrill' system, uses real-time data to optimize drilling parameters and improve hole cleaning. AESL said that the SmartDrill system has been successfully tested in a number of field trials and has shown promising results.
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Asian Energy Services Ltd Announces Full Year Unaudited Financial Results For the Year Ended March 31, 2023
Asian Energy Services Ltd. announced full year unaudited financial results for the year ended March 31, 2023.
For the year, the consolidated total revenue was INR 3,971.13 crores compared to INR 3,318.26 crores in the previous year.
The company had a consolidated net profit of INR 259.14 crores compared to INR 245.50 crores a year ago.
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Asian Energy Services Ltd Declares Interim Dividend of Rs 3.5 Per Share for FY24
Asian Energy Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held today, i.e. August 01, 2023, have recommended a dividend of Rs. 3.50 per equity share (350%) of Rs. 1/- each for the financial year 2023-24.
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Asian Energy Services Ltd Wins Contract from NTPC for Operation and Maintenance of FGD Systems at Vindhyachal Super Thermal Power Project
Asian Energy Services Limited (AESL) has secured a contract from NTPC Limited for the Operation & Maintenance of Flue Gas Desulfurization (FGD) Systems at Vindhyachal Super Thermal Power Project (STPP) located in Singrauli, Madhya Pradesh.
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Asian Energy Services Ltd Launches New Business Vertical for Data Center Infrastructure Management
Asian Energy Services Ltd. has expanded its offerings by launching a new business vertical for Data Center Infrastructure Management (DCIM). With this move, the company aims to capitalize on the growing demand for data center management solutions across various industries.
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Asian Energy Services Ltd Collaborates with Larsen & Toubro's Electrical & Automation Business for EPC Projects in Smart Building and Industrial Automation Segment
Asian Energy Services Ltd. and Larsen & Toubro's Electrical & Automation (E&A) business have signed a Memorandum of Understanding (MoU) to collaborate on Engineering, Procurement, and Construction (EPC) projects in the Smart Building and Industrial Automation segment.
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Asian Energy Services Limited To Acquire Sterling & Wilson Renewable Energy Limited
Asian Energy Services Limited (AESL) has entered into definitive agreements to acquire 100% of the equity share capital of Sterling & Wilson Renewable Energy Limited (SWREL) from Shapoorji Pallonji and Company Private Limited (SPCL). The transaction is subject to customary closing conditions and regulatory approvals.
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Asian Energy Services Limited Reports Strong Financial Results for Q3 FY23
Asian Energy Services Limited (AESL) has reported strong financial results for the third quarter of fiscal year 2023 (Q3 FY23). The company's revenue increased by 25% year-over-year to ₹ 1,228 crore, while its net profit grew by 30% to ₹ 156 crore.
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Asian Energy Services Limited Announces New Contract Wins
Asian Energy Services Limited (AESL) has announced several new contract wins in the renewable energy sector. The company has secured contracts for the development of solar power projects in India, the Middle East, and Africa.
