Aban Offshore receives termination notice from PEMEX for Jack-up Rig ‘Deep Driller1’
Date: 17-05-2016Aban Offshore has received a termination notice from PEMEX purporting to exercise its contractual right to terminate the charter for the Jack-up Rig ‘Deep Driller1’ belonging to a wholly owned step down subsidiary of the Company effective June 01, 2016, approximately 3 months prior to its original expiry.
Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company's operating segments include offshore oil drilling and production services, and wind power generation (Wind energy).