Aban Offshore bags $50 million order from ONGC

Company to deploy jag-up rig Aban II for three yrs

Aban Offshore today said that it has won a Rs 325 crore order from ONGC for deployment of jack-up rig Aban II for a period of three years.

The contract is expected to commence during the first quarter of calender year 2016.

Aban Offshore stock was up 0.37% at Rs 232.70 at 1 pm on the BSE