Offshore Oil Drilling Business Investment Opportunity in Eluru, India
|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|
|Local Time||8:06 PM Asia / Kolkata|
|Listed By||Management Member|
- 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.
Earlier than 15 daysSr Drilling Supervisor, Oil & Gas, British Columbia, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business