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Dolphin Offshore Enterprises (India) Ltd.

BSE: 522261 Sector: Oil & Gas
NSE: DOLPHINOFF ISIN Code: INE920A01011
BSE 00:00 | 20 Jul 52.95 -2.05
(-3.73%)
OPEN

53.90

HIGH

54.70

LOW

52.40

NSE 00:00 | 20 Jul 52.95 -1.75
(-3.20%)
OPEN

55.70

HIGH

55.70

LOW

52.10

OPEN 53.90
PREVIOUS CLOSE 55.00
VOLUME 12724
52-Week high 158.00
52-Week low 52.40
P/E
Mkt Cap.(Rs cr) 89
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 53.90
CLOSE 55.00
VOLUME 12724
52-Week high 158.00
52-Week low 52.40
P/E
Mkt Cap.(Rs cr) 89
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Dolphin Offshore Enterprises (India) Ltd. (DOLPHINOFF) - Company History

Incorporated in May.'79 as a private limited company, Dolphin Offshore Enterprises (India) (DOEL) was converted into a public limited company in May '94. It was promoted by Kirpal Singh. The company provides ancillary services like diving, underwater engineering, vessel management, oil exploration and drilling, pipeline inspections, geo-physical surveys and geo-technical services. The company has entered into a tie-up with the Singapore-based Sembawang Maritime (SML) which will provide the entire range of marine transportation and offshore logistics activities in India. The new joint-venture, SML-Dolphin Maritime Pvt Ltd, has 51% foreign equity participation. DOEL has successfully undertaken turnkey projects for N N N Japan, ONGC, Mazagon Dock, Essar Oil, Jindal Drilling and other organisations working on the Indian waters. On 31 Dec.'95, the company acquired its first ocean going vessel -- Ganga Dolphin. It is a survey-cum-utility vessel and the only one of its kind under the Indian flag. The company has received ISO 9002 Certification through American Bureau of Shipping ["ABS"] for marine management of vessels, diving and underwater engineering, management of fabrication and offshore turnkey projects and ship repairs. The company has completed the Mumbai North Clamp-on Project during 2001-02. The company is the sub-contractors to Larsen & Toubro Ltd for the turnkey offshore scope of work on the installation of clamps and platform. The company has acquired an Vessel M V Mernaid Explorer during January 2005 at a cost of US$ 2.15 million.This vessel has been acquired from Mermaid Marine Agencies Pvt Ltd.,Australia and the vessel has been renamed as Brahmaputra Dolphin.