Offshore Oil Drilling Business Investment Opportunity in Eluru, India
Established | 40-50 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 180 thousand |
Run Rate Sales | USD 190 thousand |
EBITDA Margin | 20 % |
Industries | Offshore Oil Drilling + 1 more |
Locations | Eluru |
Local Time | 8:06 PM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- Business is running for nearly 4 decades and has good hold in this industry.
- We have worked with Reliance Petro chemicals, Power Chain and Singareni Collieries Company in the past for oil and gas drilling.
- We are only into water well drilling as of now.
- Have won water drilling sub contract from Kolkata Government and currently working on that.
- We also export drilling equipment to more than 15 major drilling companies around the world.
- We manufacture welding rods in small quantity mostly for own use.
- Major income is generated from drilling services.
- Physical assets include land and machinery.
- Promoter has more than 30 years of experience in this business.
Drilling tube wells, exporting drilling equipment and manufacturing welding rods.
4 acres of own industrial land in Andhra Pradesh with workshop.
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Earlier than 15 daysSr Drilling Supervisor, Oil & Gas, British Columbia, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business