Aban Offshore Company News

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Aban Offshore Bags $87M Contract to Provide Aban Abraham Drillship to ONGC
Aban Offshore bags a deal from India's Oil and Natural Gas Corp. Ltd. to provide the Aban Abraham drillship under a two year $87 million contract.
8:00 PM EST | June 27, 2016
Aban Offshore Inks Deal to Provide Aban II to ONGC for $50M
Aban Offshore to provide the Aban II jackup to ONGC for $50 million over a three year contract.
8:00 PM EST | October 26, 2015
Aban Offshore Clinches $182.7M Deals to Supply 2 Jackups to ONGC
Aban Offshore clinches $182.66 million contracts to supply two jackups to ONGC for drilling operation offshore India.
8:00 PM EST | October 12, 2014
Cairn Contracts Aban II for Ravva Work
Cairn Energy has contracted the Aban II for work on its Ravva block offshore India's east coast.
8:00 PM EST | August 19, 2010
Aban Offshore to Retrieve Sunken Rig
Aban Offshore will retrieve the rig from the bottom of the sea, an official at PDVSA, said Friday.
8:00 PM EST | May 13, 2010
Aban Offshore Books 2 Rig Orders in India, Qatar
India's Aban Offshore has received two orders to deploy jackup rigs in India and Qatar for combined revenue of $43.5 million.
8:00 PM EST | April 01, 2010
Kosmos Hits New Oil Pay at Jubilee's Mahogany Deep-2
The Mahogany Deep-2 appraisal well offshore Ghana confirmed the down-dip extent of the main Jubilee reservoirs in the West Cape Three Points Block and intersected two new light oil accumulations.
7:00 PM EST | December 22, 2009
Odum-2 Appraisal Well Confirms '08 Discovery Offshore Ghana
Kosmos' Odum-2 appraisal well has confirmed the Odum oil discovery made in early 2008 offshore the Republic of Ghana on the West Cape Three Points Block.
7:00 PM EST | December 07, 2009
Ministry of Manpower Awards Keppel Slew of Safety Awards
Keppel's offshore and marine division was bestowed 14 safety awards for sterling newbuild and conversion projects without incidents while two of its supervisors were singled out for their exemplary safety leadership.
8:00 PM EST | July 23, 2009
Analysis: Focus on India - South Asia Rig Count Heats Up
Although historically India has not been as active as other regions in offshore E&P, the South Asian country has become a more popular locale for offshore drilling, as evidenced in the growing numbers of rigs working there.
8:00 PM EST | July 01, 2009
Analysis: Inside the Persian Gulf Jackup Market
An in-depth analysis of the Persian Gulf jackup market from the RigLogix Team.
8:00 PM EST | June 15, 2009
Vanco Continues Exploration in Cape Three Points Deepwater Block
Ghana, GNPC, Vanco and Lukoil signed a new petroleum agreement covering the Cape Three Points Deepwater block offshore Ghana.
8:00 PM EST | March 31, 2009
Keppel Hands over Deep Driller 8 Jackup to Aban
Keppel FELS has successfully delivered the jackup drilling rig, Deep Driller 8, to Aban on time, within budget and without incidents.
7:00 PM EST | February 05, 2009
Aban Pearl to Hitch a Ride on the Fairmount Expedition
Aban Offshore has selected Fairmount Marine to transport the Aban Pearl to South America.
7:00 PM EST | November 30, 2008
Keppel FELS Delivers Fourth Sinvest Jackup Drilling Rig
Keppel FELS has delivered the jackup drilling rig, Deep Driller 6, to Sinvest on time and within budget.
8:00 PM EST | October 16, 2008
Aban Abraham Drillship Completes Sea Trials after Upgrades
Ulstein Sea of Solutions says the Aban Abraham drillship has successfully completed seatrials after a major upgrade has been performed at Sembawang Shipyard.
8:00 PM EST | October 05, 2008
Deep Driller 3 Receives LOA for 4-Year Contract
Aban Offshore received a Letter of Award for the continued deployment of the Deep Driller 3 offshore Malaysia for a 4-year period in direct continuation of its present contract.
8:00 PM EST | October 05, 2008
Aban Offshore Signs 5-Year Deal for Aban Pearl
Aban Offshore Ltd has signed an agreement for the deployment of the Aban Pearl semisub offshore Latin America, for a five year period.
8:00 PM EST | September 17, 2008
Vanco, Lukoil Secure Aban Abraham Drillship for Operations Offshore Ghana
Vanco and Lukoil have completed contractual arrangements for the Aban Abraham drillship to drill the Dzata-1 well, which will be the first exploration test on the Cape Three Points Deepwater block, offshore Ghana.
8:00 PM EST | August 24, 2008
Aban's Deep Driller 2 Gets Malaysian Work
Aban announced that it has received an LOI from a leading operator for deployment of Deep Driller 2 for a 3 well program with revenues from the contract estimated at $17 million.
8:00 PM EST | June 25, 2008
Exxon Neftegas Terminates Murmanskaya Contract, Husky Signs LOI
Aban Offshore Ltd has informed BSE that Exxon Neftegas has terminated its contract with Beta Drilling regarding the rig Murmanskaya.
8:00 PM EST | May 11, 2008
Aban Offshore Increases Total Income, Net Profit,
Total Income has increased from Rs 1535.623 million for the quarter ended March 31, 2007 to Rs 2153.064 million for the quarter ended March 31, 2008.
8:00 PM EST | April 28, 2008
PPL Shipyard on Schedule to Deliver Aban VIII
PPL Shipyard is on schedule to deliver the Aban VIII jackup to Aban Offshore. A naming ceremony was held on April 19, 2008 at Sembawang Shipyard.
8:00 PM EST | April 20, 2008
Aban Offshore's Murmanskaya Jackup Heads to Russia
Aban Offshore has been awarded a contract for the Murmanskaya jackup by Exxon Neftegas for work offshore Russia.
8:00 PM EST | April 14, 2008
Aban Offshore Awarded 3 Well Contract Offshore Myanmar
Aban Offshore Ltd has received a Letter of Award from PTTEP International Ltd for a 3 well contract offshore Myanmar, for the jack-up drilling rig Deep Driller 5, with an estimated duration of 4 month
7:00 PM EST | March 02, 2008
Aban Offshore Secures $167 Million Contract
Aban Offshore reported Jan. 28 that it has received a three-year drill ship deployment order from Oil and Natural Gas Corporation worth U.S.$167 million.
7:00 PM EST | January 27, 2008
Aban Offshore to Supply Chevron with Jackup Rig Offshore Thailand
A subsidiary of Aban Offshore Limited has entered into a contract with Chevron Offshore Limited for provision of the jackup drilling rig, Deep Driller 2.
7:00 PM EST | December 23, 2007
Sale of Bulford Dolphin Completed
The sale of the drilling rig Bulford Dolphin from a subsidiary of First Olsen Ltd. to Aban Offshore is complete.
7:00 PM EST | November 20, 2007
Aban Offshore Gets Extension for Aban VI
Aban Offshore Ltd has been awarded a six year contract extension for the Aban VI jackup currently working in the Persian Gulf.
8:00 PM EST | October 09, 2007
Aban Offshore Purchases Bulford Dolphin
A subsidiary of First Olsen Ltd. has entered into an agreement to sell the Bulford Dolphin to Aban Offshore for US $211 million.
8:00 PM EST | September 12, 2007
Deep Driller 4 Lines Up Work
Aban Offshore has received a letter of award from a leading E&P Company in South Asia for the Deep Driller 4, for a firm period of 12 months.
8:00 PM EST | August 08, 2007
ONGC to Rent Five Jackup Rigs
India's Oil and Natural Gas Corp. Ltd. set to sign three-year jackup rig rental contracts with Transocean Inc. and Aban Offshore Ltd. worth more than $900 million.
8:00 PM EST | August 06, 2007
Hardy Extends Contract for Tahara FPU
Hardy has extended its contract with Aban Offshore for the utilization of the Tahara FPU through July 2009.
8:00 PM EST | July 11, 2007
FSO Endeavor to Continue Operations at PY-3 Field Offshore India
Prosafe has received a Letter of Intent for a two- year contract extension by Aban Offshore Ltd for continued use of the FSO Endeavor at the PY-3 field in India.
8:00 PM EST | July 11, 2007
Deep Driller 5 Wins Work Offshore Bangladesh
Aban Offshore has received a Letter of Award from Cairn Energy for the Deep Driller 5 for work Offshore Bangladesh.
8:00 PM EST | July 01, 2007
Keppel On Track to Deliver Another Super B Jackup
Keppel FELS Limited (Keppel FELS) is on course to deliver another KFELS Super B Class jackup drilling rig to repeat customer, Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (Aban) on time and within budget.
8:00 PM EST | June 17, 2007
Roc Oil Secures Murmanskaya Jackup for Work Offshore China
Aban Offshore has received a letter of intent from ROC Oil (China) Company for deployment of jackup Murmanskaya offshore China.
8:00 PM EST | June 12, 2007
Lamprell Wins $33M in New Contracts
Lamprell Plc has won more than US$33.0 million in topside and process module fabrication contracts and jackup rig refurbishment contracts.
8:00 PM EST | May 31, 2007
Hardy Announces Prelim 2006 Results
Hardy Oil and Gas plc, which has interests in India and Nigeria, has announced its Preliminary Results for the year ended 31 December 2006
8:00 PM EST | April 01, 2007
Aban Acquires Remaining Sinvest Shares
Aban Singapore Pte Ltd (ASPL) has acquired the remaining 1.99% shares of Sinvest ASA.
8:00 PM EST | March 27, 2007
Addax Petroleum Secures Drillship for Gulf of Guinea Program
Addax Petroleum has entered into an agreement with Aban Offshore for the provision of the Aban Abraham drillship to start drilling operations as early as the second quarter of 2008 in the Gulf of Guinea.
7:00 PM EST | March 05, 2007
Aban Offshore Completes Sinvest Offer, Now Holds 97%
Aban Offshore through its subsidiary, Aban Singapore Pte Ltd and Aban International Norway AS together hold approximately 59.15 Million shares of Sinvest ASA offer representing approximately 97% of the Share capital of Sinvest ASA.
7:00 PM EST | February 18, 2007
Aban: Apexindo Talks Off with Medco
Aban Offshore Ltd said that negotiations related to its proposed acquisition of a stake in Indonesian drilling contractor Apexindo Pratama Duta Tbk have been terminated.
7:00 PM EST | January 18, 2007
Aban, GSPC to Form Offshore Drilling Services JV
Aban Offshore said that its subsidiary, Aban 8 Pte. Ltd, has entered into a Memorandum of Understanding with the government of India's Gujarat state to set up an offshore drilling services joint venture with GSPC.
7:00 PM EST | January 14, 2007
Oslo Exchange Okays Aban Offer Document for Sinvest Acquisition
Aban Offshore Ltd on Tuesday informed the Bombay Stock Exchange that the Oslo Stock Exchange has approved the offer document submitted by Aban International Norway AS to acquire the outstanding shares in Sinvest ASA.
7:00 PM EST | January 08, 2007
Aban Terminates Sinvest Swap Deals
Aban Offshore Ltd said that it has informed the Bombay Stock Exchange that its subsidiary, Aban Singapore Pte Ltd (ASPL), and its subsidiary have terminated the total Return Swap (TRS) Agreements entered into with First Securities ASA and ICICI Bank.
7:00 PM EST | January 02, 2007
Aban to Make Offer for Remaining Sinvest Shares
Aban Offshore Ltd said Friday that its wholly owned subsidiary Aban Singapore Pte Ltd ("ASPL") has announced its intention to present a mandatory offer to acquire the remaining shares of Sinvest ASA.
7:00 PM EST | December 28, 2006
Aban VII Wins Work Offshore Qatar
Aban Loyd Chiles Offshore Ltd reports that the Aban VII has received a contract from ONGC Videsh for development project offshore Qatar.
8:00 PM EST | August 06, 2006
Aban Subsidiary Takes Stake in Sinvest
Aban Singapore Pte Ltd., a wholly owned subsidiary of Aban Loyd Chiles Offshore Ltd., has entered into an agreement with Skeie Group AS to purchase 20,491,870 shares in Sinvest ASA, representing 33.8% of the shares outstanding.
8:00 PM EST | June 15, 2006
Aban Loyd Chiles to Buy Stake in PT Apexindo
Aban Loyd Chiles Offshore Ltd has commenced negotiations to acquire 1,352,873,106 issued and paid up shares in PT Apexindo Pratama Duta Tbk.
8:00 PM EST | May 17, 2006