Aban Offshore wins contracts with $695 mln revenue

MUMBAI Wed Aug 26, 2009 8:31am IST

Related Topics

MUMBAI (Reuters) - Aban Offshore Ltd said on Tuesday it expects revenue of $695 million from two contracts it signed for deploying four rigs.

The first contract, with an estimated revenue of $603 million, is for deploying three jack-up rigs in the Middle East for three years, the company said in a statement to NSE.

Another contract, with an estimated revenue of $92 million, is for deploying a jack-up rig in Latin America, it said.

The rig deployments will commence in the third quarter of 2009, it said.

(For more news on Reuters Money click in.reuters.com/money)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Fuelling Change

REUTERS SHOWCASE

NSEL Fraud

NSEL Fraud

Govt orders Financial Tech to absorb NSEL, liabilities  Full Article 

Stalemate

Stalemate

WTO prepares for crisis talks as India keeps veto on global deal.  Full Article 

Deal Talk

Deal Talk

Smartphone repair company B2X steps up expansion with Indian deal.  Full Article 

Earnings Season

Earnings Season

HDFC Bank eyes pickup in corporate credit.  Full Article 

JLR China

JLR China

JLR sees 20 percent growth in China sales this year - exec  Full Article 

Iron Ore Imports

Iron Ore Imports

JSW Steel to boost iron ore imports by up to 80 percent.  Full Article 

Pollution Levels

Pollution Levels

Delhi braces for worst air quality this Diwali week.  Full Article 

Remembering Margerie

Remembering Margerie

Total’s "Big Moustache"- bon vivant, deal-maker and risk-taker .  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage