Support and Resistance Levels
Past performance
About Aban Offshore Ltd Aban Offshore Limited (AOL), founded in 1986, is India's largest private offshore drilling contractor, providing world-class drilling and oilfield services for offshore hydrocarbon exploration and production. The company operates a diversified fleet of 20 offshore drilling and production units, including jack-up rigs, drill ships, and a floating production facility, 'Tahara'. AOL's service offerings include exploratory and drilling services, hydrocarbon production, and manning and management.
AOL has a history of strategic expansions and acquisitions, such as acquiring Hitech Drilling Services in 2000 and consolidating Sinvest ASA in 2008. It has also ventured into green energy, establishing wind power plants and subsidiaries like Aban Green Power Pvt Ltd. The company has a strong international presence, with subsidiaries like Aban Singapore Pte Ltd driving global operations. Despite divestments and restructuring in recent years, AOL remains committed to delivering innovative and integrated services to maintain its competitive edge in the global oil and gas sector.