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 Gujarat State Petroleum Corporation Ltd (GSPC).

The JV will function through a Special Purpose Vehicle (SPV), Aban said.

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