Corporate News 07-Aug-17
Asian Oilfield Services receives LoI for USD 20 mn contract from Startum Energy Romania
Through its Dubai based subsidiary - Asian Oilfield & Energy Services
Asian Oilfield Services announced that its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC, Dubai has received a Letter of Intent (LOI) for a contract of US$ 20 million from Stratum Energy Romania, LLC for acquisition of 730 sq km of 3D Seismic Data in EV-1 Moinesti Block in onshore Romania. This LOI is subject to the parties concluding a contract with mutually acceptable terms.
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