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Asian Oilfield Services' Dubai subsidiary secures O&M contract in Nigeria

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Capital Market

Woth USD 57 million

Asian Oilfield Services announced that its subsidiary, Asian Oilfield & Energy Services DMCC, Dubai has received a binding Letter of Intent (LoI) for providing operations and maintenance services for an offshore production unit operating at an oil field in offshore Nigeria. The duration of the service is 3 years with approximate value of USD 57 million. The contract finalisation for LoI is under progress.

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First Published: Dec 27 2016 | 1:56 PM IST

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