ALSO READAsian Oilfield Services secures Rs 108.97 crore worth contract from ONCG Asian Oilfield Services consolidated net profit declines 68.41% in the March 2017 quarter Asian Oilfield Services reports standalone net profit of Rs 5.26 crore in the March 2017 quarter Asian Oilfield Services provides business update Asian Oilfield Services hits the roof after winning ONGC contract
Through its Dubai based subsidiary - Asian Oilfield & Energy ServicesAsian Oilfield Services announced that its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC, Dubai has received a Letter of Intent (LOI) for a contract of US$ 20 million from Stratum Energy Romania, LLC for acquisition of 730 sq km of 3D Seismic Data in EV-1 Moinesti Block in onshore Romania.
This LOI is subject to the parties concluding a contract with mutually acceptable terms.
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