Aban Loyd Chiles Acquires West Africa Drilling NV

Aban Singapore Pte Ltd., a subsidiary of Aban Loyd Chiles Offhore Ltd., has acquired 100% holding of West Africa Drilling N.V., a Company incorporated under the laws of Netherlands Antilles, has entered into an agreement for the purchase of a drillship.

Upon completion of the drillship acquisition the rig will be named Aban Abraham. Aban Singapore Pte Ltd. has entered into a contract with operator for drilling four wells with an option to drill further four wells in West Africa.

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