 "Aban Offshore signs Rs 1,114 crore order with ONGC")
The company today informed BSE that it has received Firm Order from ONGC for the deployment of jack-up rig Aban IV for a period of three years.
The total value of this order is approximately $91.33 Million (around Rs 557 crore). Contract is expected to commence during the first quarter of calendar year 2015.
The state-run company also hired jack-up rig Aban III from Aban Offshore for a period of three years. The total value of this firm order is approximately $91.33 Million (around Rs 557 crore). Contract is expected to commence during the first quarter of calendar year 2015.
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