Aban Offshore gets Rs 1,133 cr contract

New Delhi, Oct 3 (UNI) Oilfield services firm Aban Offshore Ltd (AOL) today said it has received an order worth Rs 1,133 crore for the continued deployment of a rig offshore Malaysia.

The contract, which was expected to end early this month, is for four years, the company said in a statement.

AOL was established in 1986 when Indian entrepreneurs were encouraged to provide offshore drilling services to the Oil and Natural Gas Corporation Ltd (ONGC) to meet the growing needs of a vibrant economy.

The company launched its first contract drilling service to the ONGC in 1987 with two modern jack-up drilling rigs acquired from the US.

UNI SG MP DS1250