- Business
- Asian Energy Services Limited provides integrated oilfield services to the energy, minerals, coal and power sectors primarily in India, with expanding operations in the Middle East and Southeast Asia. The company offers geophysical services including 2D and 3D land seismic data acquisition, transition zone acquisition, on-site data processing, borehole seismic, multiclient seismic, seismic consulting and interpretation, and wireless real-time data acquisition; oil and gas field development and production facility engineering, procurement and construction using a build-own-operate-transfer model; turnkey drilling; enhanced oil recovery techniques such as heat, chemical, carbon dioxide or gas injection and cyclical steam injection; onshore and offshore facility operation and maintenance; mining services encompassing material handling, exploration, mine development and operation; and coal bed methane exploration services including continuous core drilling, wire-line logging and directional core drilling. Founded in 1992 and headquartered in Mumbai, India, Asian Energy Services operates through two main segments, Oil and Gas and Mineral and Other Energy Sectors, serving customers in hydrocarbon exploration, production and mining industries. In April 2025, the company completed the acquisition of UAE-based Kuiper Group for USD 9.25 million through its Dubai subsidiary, enhancing its integrated manpower solutions and operation and maintenance capabilities in key markets including Saudi Arabia, Qatar and the United Arab Emirates; it also secured a Rs 865 crore integrated services contract from Vedanta Limited spanning 57 months for field development and operation and maintenance, and a Rs 46 crore contract from Sun Petrochemicals for 3D seismic data acquisition and processing in Gujarat. In October 2025, Asian Energy Services granted 800,000 employee stock options under its 2025 Employee Stock Option Plan, signaling confidence in future growth.