Asian Energy Services Limited (AESL) is a leading Indian service provider in the energy and minerals sector, offering a comprehensive suite of services across the upstream value chain. The company specializes in 2D and 3D seismic data acquisition, integrated oil and gas field development, and turnkey Operation and Maintenance (O&M) services. In 2025, AESL reached a major milestone by concluding the 100% acquisition of the Kuiper Group, an international oil and gas services provider, which significantly expanded its global footprint into the Middle East and Southeast Asia. Furthermore, the company is progressing with a transformational merger with its parent entity, Oilmax Energy Private Limited, aimed at integrating upstream production assets with its established service expertise. Recent operational highlights include a significant new oil discovery at the Mevad field in Gujarat in early 2026, with potential production rates of up to 130 bopd. AESL’s order book has surpassed ₹2,000 Crores, bolstered by major 2025 wins such as a ₹459 Crore coal handling plant contract from Mahanadi Coalfields and a ₹865 Crore integrated services contract from Vedanta Limited. The company’s shareholding pattern as of December 2025 shows a strong promoter holding of 60.97% by the Oilmax Group.
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