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Aban Offshore bags ONGC contract worth 657 crs
New
Delhi,
Jan
28:
Oil
and
gas
drilling
company
Aban
Offshore
Ltd
today
said
that
it
has
received
a
Letter
of
Intent
(LOI)
from
ONGC
for
deployment
of
drillship
-
Aban
Ice
for
a
period
of
three
years.
The operating day rate for the contract is Rs 61.85 lakh and the total value of the contract is about Rs 657 crore,the company said in a statement. The company had reported 2.29 times growth in its earnings for the quarter ended December 2007.
UNI
Story first published: Monday, January 28, 2008, 13:49 [IST]
