Aban Offshore company bio, History & Mission

Aban Offshore which is formerly known as Aban Loyd Chiles Offshore Ltd. was established by Mr. M. A. Abraham in 1965. The Arban Group provides Oil services, petrochemical services, petroleum services, wind energy & power generation.

Company Profile

Aban Offshore owns and operates several offshore drilling Rigs, drill ships, and a floating production facility, ‘Tahara’.

The AOL has proven itself in drilling operations, production and exploratory block worldwide for Oil & Natural Gas Corporation Ltd. (ONGC), Hardy Exploration & Production (India) Inc., Shell Brunei, Shell Malaysia, Gujarat State Petroleum Corporation Ltd. (GSPC), Hindustan Oil Exploration Co. Ltd., Cairn Energy, Petronas Carigali, ROC Oil, Shell (South East Asia), ExxonMobil Malaysia.

Services

Aban Offshore Limited (AOL) offers below services to clients in India and abroad:

  • Exploratory services
  • Drilling services
  • Production of hydrocarbons
  • Manning and management

Wind Energy Division

Wind Energy Division

Aban Offshore produce about 70MW of Wind Energy annually along with its subsidiaries.

The AOL wind farms are located at Radhapuram, Pazhavoor and Kavalkinaru in Tirunelveli District of South Tamil Nadu.

Aban Energies Limited (AEL) has KVS-33 model, 410KW capacity wind turbines which use the variable speed technology. It generates more power, reduces wear and tear and maintenance costs.

Company History & Milestone

Aban Offshore was founded by Mr. M. A. Abraham in 1965.

Mr. M. A. Abraham began his career as an engineering professional in the Construction Industry with some popular companies like the Tata Group and Saipem.

Aban Offshore started as a small engineering firm in Chennai, Tamilnadu. The Aban Group got more success in the execution of high-pressure systems and cross-country pipelines for refineries and fertilizer and petrochemical industries.

Aban ventured into the high-powered domains of drilling, power generation and IT Enabled Services (ITES).

Milestones of Aban Offshore

1986: Incorporated as Aban Offshore Ltd.

1987: First 2 jack-up rigs arrive in India from the USA. First well drilled by Aban Offshore Ltd for ONGC.

1990s: AOL preferred to increase its focus on the sector with newer rigs, acquisitions and mergers while private sector companies in India chose to exit at that moment.

1993: AOL purchases a 300-ft. jack-up rig from Mahindra & Mahindra Ltd.

2000 – 2001: Aban Offshore acquires Hitech Drilling Services (India) Ltd., belonging to the Tata Group, boosting AOL’s fleet to four rigs. This also enables Aban Offshore to enter the FPSO business with the FPU ‘Tahara’ owned by Hitech.

2005: Aban Offshore adds two jack-up rigs name as Aban V and Aban VI) and a drill ship (Frontier Ice).

2005: In line with its global expansion strategy, AOL launches Aban Singapore Pte Ltd. (ASPL) in November as its vehicle for international operations. ASPL, in turn, sets up 3 SPVs as step down subsidiaries, each equipped with a rig or drill ship.

2006: ASPL acquires a 33.7% stake in Sinvest ASA, a Norwegian company with eight new premium jack-ups on order. ASPL subsequently completes the acquisition in stages, including a mandatory offer to all shareholders.

Currently: Possesses eighteen offshore drilling and production units spiraling us to a prestigious position among the top ten offshore drilling asset owners in the world.

Vision & Mission of Aban Offshore

  • To be the leading global offshore company providing drilling, exploration and production services to their clients.
  • To be recognized as global leaders by offering clients superior service, including experienced, suitably trained and motivated personnel, superior, reliable and efficient equipment with environmentally friendly operations.
  • Achieve leadership status by actively encouraging employees to attain the highest standards of ethics, honesty and integrity.
  • Actively support and emphasize “zero tolerance” to unsafe working practices and conditions, by utilizing and implementing the best industry standards.
  • Grow Aban through financial discipline and cost effective asset management to deliver superior returns to clients and shareholders.

Company Management

Board of Directors
Chair manP Murari
Managing DirectorReji Abraham
Deputy Managing DirectorP Venkateswaran
Deputy Managing Director & CFOC P Gopalkrishnan
DirectorK Bharathan
DirectorAshok Kumar Rout
DirectorDeepa Reji Abraham
DirectorSubhashini Chandran
Audit Committee
ChairmanP. Murari
MemberK.Bharathan
MemberAshok Kumar Rout
MemberP.Venkateswaran
Stakeholders Relationship Committee
ChairmanK.Bharathan
MemberP.Venkateswaran
MemberC P Gopalkrishnan
Nomination & Remuneration Committee
ChairmanK.Bharathan
MemberP.Murari
MemberAshok Kumar Rout
Corporate Social Responsibility Committee
ChairmanAshok Kumar Rout
MemberC P Gopalkrishnan
MemberDeepa Reji Abraham
MemberSubhashini Chandran

Office

Registered Office
LocationAddress
Chennai (India)Chennai
Aban Offshore Ltd.
‘Janpriya Crest’,
#113, Pantheon Road, Egmore,
Chennai – 600 008, India
Phone : +91-44-49060606
Fax : +91-44-28195527
Branch Offices
LocationAddress
Mumbai (India)Aban Offshore Ltd.
No: 8 & 9, Vikas Centre
S.V.Road, Santa Cruz (W)
Mumbai – 400 054
Phone : 91-22-26616016 / 26615905
DubaiAban Offshore Ltd.
Suite 310, Spectrum Building
Oud Metha, Dubai,
United Arab Emirates.
P.O. Box: 333956
Phone : +9714 358 4777
Fax: +9714 358 4333
SingaporeAban Singapore Pte Ltd.
No.9, Temasek Boulevard,
#19-02, Suntec Tower Two,
Singapore 038989.
(Phone: +65 – 65001300 to 9)
Fax: +65 – 62948540
Oslo (Norway)Johan Halvorsens vei 8,
1410 KOLBTON,
Tel: +47 6680 8001
MalaysiaBELATI OILFIELD SDN. BHD.
No. 36A, Jalan Datuk Sulaiman, Taman Tun Dr. Ismail, 60000 Kuala Lumpur.
MexicoDeep Driller Mexico S de RL de CV
Calle Álvaro Artiñano Aguilar No.49,
Fracc. Residencial del Lago
C.P. 24157, Ciudad del Carmen, Campeche.
BruneiAban Singapore Pte Ltd
Lot 4418, Spg 320, Jalan Maulana
Kuala Belait KA2931
Negara Brunei Darussalam

Gallery

Leave a Comment