ONGC Awards LoA to Aban Offshore for Deployment of Aban Ice Drillship
Aban Offshore Limited has received a Letter of Award (“LOA”) from ONGC for deployment of drillship Aban Ice for a firm period of 3 years.
The total value of the LOA is approximately USD 185 million (equivalent to Rs.1050 crores).
The contract is expected to commence during the last quarter of calendar year 2013.
Press Release, June 07, 2013