Reuters logo
Aban Offshore wins contracts with $695 mln revenue
August 26, 2009 / 3:14 AM / in 8 years

Aban Offshore wins contracts with $695 mln revenue

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

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below