Swiss Finance Corporation (Mauritius) has sold 2.90 lakh shares of Aban Offshore through the open market route. The shares were sold on an average price of Rs 475.41 valuing the transaction to Rs 13.79 crore.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.