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Essar Oil completes sale of energy division
Mumbai, May 16: Essar Oil has concluded sale of its energy division to Abu Dhabi-based Bin Jabr Group for a total consideration of $0.6 million, the Bombay Stock Exchange (BSE) said today.
Mumbai, May 16: Essar Oil has concluded sale of its energy division to Abu Dhabi-based Bin Jabr Group for a total consideration of $0.6 million, the Bombay Stock Exchange (BSE) said today.
The energy division, engaged in contract drilling services of oil and gas wells, owns 11 onshore rigs, it said.
Bureau Report