Aban Offshore Scores ONGC Drillship Deal

Offshore drilling services provider Aban Offshore has been awarded a contract by the India’s Oil & Natural Gas Corporation (ONGC) for deployment of the drillship Aban Ice for a firm period of 3 years.

The total value of the letter of award is approximately $72.4 million (equivalent to INR 471 Crores).

This deal follows a previous 3-year charter hire from 2013 valued at some $185 million.

According to the company’s Bombay Stock Exchange filing, the Aban Ice is expected to start its contract during the second quarter of 2017.

The 183 meters long drillship, converted in 1975, is equipped for working at a water depth of 600 meters.

Subsea World News Staff

Share this article

Follow Subsea World News


<< Dec 2017 >>
27 28 29 30 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

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >


This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >