Oil Services Business Seeking Loan in Kakinada, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 300 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 10 % |
Industries | Oil Services + 1 more |
Locations | Kakinada |
Local Time | 1:58 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are an ISO certified company that specializes in provision of various logistics and ship services to offshore O&G rigs.
- We have worked with more than 50 clients pan India including foreign MNCs like Haliburton.
- Presently we have 4 contracts including 1 with ONGC and 2 contracts in the pipeline.
- Contract length is determined by the scope of the work required from us.
- Some of our services include tow and anchor handling, carriage of men and material between base / ports and offshore and stevedoring.
- We do not own any of the ships that provide the services. We acquire the contracts and then hire ships based on our requirement.
- Promoter has more than 14 years of experience in the business.
Services include towing & anchor handling operations in offshore, carriage of men and materials between base / ports and offshore installations as well as between offshore installations, standby and rescue operations in offshore rigs, routine surveillance in offshore rigs for safety and security reasons.
1 shipping vessel owned by the company which is not used for the O&G services, land, office building and other office equipment.
Owned office of 1,400 Sq Ft in Kakinada.
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Earlier than 15 daysRM- SME, SBI (State Bank of India), Visakhapatnam, Bank connected with the Business
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Earlier than 15 daysCEO, Engineering & Electrical Manufacturing, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDeputy CEO, Oil And Gas, Kuwait City, Individual Investor / Buyer connected with the Business