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Aban Offshore receives LoA from ONGC

28 Jul 2022 Evaluate

Aban Offshore has received a Letter of Award (LoA) for deployment of jack-up rig ABAN III from ONGC for a firm period of three years. The deployment is expected to commence during the first quarter of the Calendar year 2023. 

Aban Offshore is India’s largest drilling entity in the private sector offering world class drilling and other services. Aban Offshore is a company which provides oil field services for offshore exploration and production of  hydrocarbons to the oil industry in India and abroad.

Peers
Company Name CMP
ONGC 224.90
Oil India 443.80
Jindal Drilling&Inds 571.45
Deep Industries 745.50
Asian Energy Service 455.10
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