Aban Offshore Inks Deal to Provide Aban II to ONGC for $50M
Aban Offshore Ltd., an India-based drilling services provider, received a letter of award from the country's state-owned Oil and Natural Gas Corp. Ltd. (ONGC) for the provision of jackup Aban II (250' MS), the company said in a filing on local stock exchange BSE Monday.
The contract, valued at $50 million (INR 32.5 million), will cover a three year period.
Aban II is expected to commence operations for ONGC during the first quarter of 2016.
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Operates 36 Offshore Rigs
Manages 8 Offshore Rigs
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Company: Aban Offshore more info
Manages 17 Offshore Rigs
- Aban Offshore Bags $87M Contract to Provide Aban Abraham Drillship to ONGC (Jun 28)
- Aban Offshore Inks Deal to Provide Aban II to ONGC for $50M (Oct 27)
- Aban Offshore Clinches $182.7M Deals to Supply 2 Jackups to ONGC (Oct 13)