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.
