Aban Offshore Awarded Three Contracts from ONGC

Aban Offshore Ltd has received letters of firm order from ONGC for deployment of three rigs, Aban III, Aban IV and Aban V, for a period of three years each, following completion of their existing contracts with ONGC. The operating dayrate for each of these three new contracts is US $156,600 and the total value of the three contracts is approximately Rs 2000 crores.
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