Aban Offshore SWOT Analysis, Competitors, STP & USP

Aban Offshore Ltd.

Oil Services and Equipment

Energy & Power

Riding the waves of success, overseas and at home for over two decades

India's largest private offshore drilling contractor

Corporates, people looking to fulfill energy services needs

Companies involved in natural gas exploration

Leading offshore drilling company in India

Below are the Strengths in the SWOT Analysis of Aban Offshore:

1. 20 offshore drilling units and amongst top ten in world with respect to the assets owned

2. Rich customer base worldwide including Indian PSUs like ONGC and many other private players

3. Diversified business model with business in construction, wind energy, offshore and onshore drilling, power generation

4. Strong focus on CSR activities

5. New projects in Pipeline to enhance operations

Here are the weaknesses in the Aban Offshore SWOT Analysis:

1.  Increasing cost due of raw materials, causing a reduction in margin

2.  Tremendous loss because one of the vessel had capsized in the offshore of Venezuela

Following are the Opportunities in Aban Offshore SWOT Analysis:

1.India's growing energy requirements

2.Increasing natural gas market globally

3.Heavy industrialization causing an increase in demand for fuel

4.Demand-Supply gap in India

The threats in the SWOT Analysis of Aban Offshore are as mentioned:

1.Possibilities of reduction in subsidies on natural gas by government of India causing a fall in demand

2.Economic instability and fluctuations in India's policies

3. Development of alternate source of energies

Below are the top 3 Aban Offshore competitors:

1. Hindustan Oil Exploration Company

2. Shiv-Vani Oil & Gas Exploration

3. Jindal Drilling & Industries Ltd