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Aban Offshore informs about business updates

26 Oct 2015 Evaluate

Aban Offshore has informed that the Company has received a letter of award from ONGC for deployment of jack-up rig Aban II for a period of 3 years. The total value of this firm order is approximately USD 50 Million (equivalent to INR 325 Crores). Contract is expected to commence during the first quarter of calendar year 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
ONGC 235.90
Oil India 467.10
Jindal Drilling&Inds 588.80
Deep Industries 762.85
Asian Energy Service 489.30
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