ABS Marine Services Limited — Updates, 30-06-2025: Press Release

ABS Marine has secured a ₹178 Cr, three-year charter contract with Schlumberger for offshore well stimulation, boosting revenue visibility. The company also expanded its fleet with the acquisition of the 2022-built DP2 Well Stimulation Vessel ‘AM PASSION,’ enhancing offshore operational capabilities with advanced stimulation and testing systems. With this, ABS Marine’s fleet totals 37 vessels, supporting diverse offshore and port operations. The total order book now exceeds ₹542 Cr, reinforcing the company’s position in specialized offshore services and underpinning its growth strategy with modern assets.