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Aban Offshore enters into a contract to deploy jack-up rig ‘Aban VII’

16 Jul 2012 Evaluate

Aban Offshore has entered into a contract for the deployment of the jack-up rig ‘Aban VII’, owned by the wholly owned step down subsidiary of the company, offshore India for two firm well plus a three optional well programme. The estimated revenues during the firm period estimated 9 months duration from July, 2012 of the contract is $18.550 million equivalent to Rs 102 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.

Aban Offshore Share Price

14.65 -0.50 (-3.30%)
17-Jul-2026 11:53 View Price Chart
Peers
Company Name CMP
ONGC 247.00
Oil India 430.80
Jindal Drilling&Inds 582.20
Deep Industries 462.65
Asian Energy Service 356.80
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