Aban Offshore Wins ONGC Contract

Photo: Business Wire

Aban Offshore’s step down subsidiary has received a firm letter of award from Natural Gas Corporation (ONGC) for the deployment of the deepwater drillship Aban Abraham.

The Aban Abraham, which was retrofited in 2009 by Sembawang Shipyard in Singapore to enable the unit to drill in water depths of up to 2,000 meters, will work for a firm period of 2 years.

According to the company’s Bombay Stock Exchange filing, the expected revenues from this deployment is estimated at USD 87 Million (equivalent to INR 592 Crores).

The deployment is expected to start during the fourth quarter of calendar year 2016, the company added.

Subsea World News Staff

Share this article

Follow Subsea World News

Events>

<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >

SPE Offshore Europe 2017

Attending SPE Offshore Europe, recognised by offshore E&P professionals as Europe’s leading E&P exhibition and conference, will ensure…

read more >

Offshore Site Investigation & Geotechnics Committee 8th International Conference “Smarter Solutions for Future Offshore Developments”

The conference series, which has run since 1979, offers a unique opportunity for geotechnical engineers, geoscientists and academics…

read more >

Oil & Gas Indonesia 2017

Oil & Gas Indonesia (OGI) is an exhibition focused on Oil and Gas Exploration, Production and Refining and showcases the largest exhibition…

read more >