Dolphin Offshore Enterprises (India) Ltd

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Dividend Yield
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Debt To Asset
Rank 3

Company Information

Incorporated in May.79 as a private limited company Dolphin Offshore Enterprises India DOEL was converted into a public limited company in May 94. It was promoted by Kirpal Singh. The company provides ancillary services like diving underwater engineering vessel management oil exploration and drilling pipeline inspections geophysical surveys and geotechnical services.The company has entered into a tieup with the Singaporebased Sembawang Maritime SML which will provide the entire range of marine transportation and offshore logistics activities in India. The new jointventure SMLDolphin Maritime Pvt Ltd has 51 foreign equity participation. DOEL has successfully undertaken turnkey projects for N N N Japan ONGC Mazagon Dock Essar Oil Jindal Drilling and other organisations working on the Indian waters. On 31 Dec.95 the company acquired its first ocean going vessel Ganga Dolphin. It is a surveycumutility vessel and the only one of its kind under the Indian flag.The company has received ISO 9002 Certification through American Bureau of Shipping ABS for marine management of vessels diving and underwater engineering management of fabrication and offshore turnkey projects and ship repairs. The company has completed the Mumbai North Clampon Project during 200102. The company is the subcontractors to Larsen Toubro Ltd for the turnkey offshore scope of work on the installation of clamps and platform.The company has acquired an Vessel M V Mernaid Explorer during January 2005 at a cost of US 2.15 million.This vessel has been acquired from Mermaid Marine Agencies Pvt Ltd.Australia and the vessel has been renamed as Brahmaputra Dolphin.
OrganisationDolphin Offshore Enterprises (India) Ltd
IndustryOil Drill/Allied