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Foresight Limited

India

Address: ASM House, 7th Golibar Rd., Santacruz (E), Mumbai, 400 055

Tel: +91-22-2615 5132

Web: http://www.foresightltd.co.uk/

Company description

The Foresight Group, founded by Chairman Ravi K. Mehrotra in 1984, manages a wide range of businesses from shipping, offshore drilling and exploration, and investments to hospitality, fashion footwear manufacture and brand retailing. The Group has shown remarkable growth even during the economic down-turn. These activities cover an asset base of about half a billion US dollars. Foresight is actively involved in Offshore services and E&P within India.

Products and services

Foresight Drilling has been in the offshore drilling industry since the 1990s and has excelled in drilling a number of exploratory as well as some development wells. The exploration arm is Foresight Oil Ltd. (FOL), which pursues exploration and production opportunities to generate reserves and enhance production. FOL’s strength is its personnel whose technical and financial experience produces reliable, innovative and cost effective solutions. FOL has a long-standing association with major oil companies such as ONGC, IOOC, IOC, NIOC, BPCL, GSPC and GAIL offshore and including such projects as the exploration in Rajasthan, India, of the NELP block.
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