Essar Global: A Profile The Essar Group is a diversified business corporation with a balanced portfolio of assets in the manufacturing and services sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics, and Projects. Essar has a presence in more than 15 countries worldwide. With a firm foothold in India, the Essar Group has been focusing on global expansion with projects and investments in Europe, North America, the Caribbean, Africa, the Middle East and South East Asia. Privately owned and professionally managed, the Group is judiciously invested in the commodity, annuity and services businesses. Forward and backward integration, as well as the use of state-of-the-art technology and in-house research and innovation have made Essar Global a leading player in each of its businesses. EGL?s abiding philosophy is to be a low cost, high quality, technology driven group with innovative customer offerings. ? Essar Oilfields Services offers onshore and offshore contract drilling, and offshore construction services. It has invested USD 400 million in purchasing drilling equipment and owns 12 onshore rigs, and an offshore semi-submersible rig.