Aban Offshore $55 Million Contract Malaysia

July 1, 2008

Two contracts secured for Deep Driller

Aban Offshore Ltd. has received letters of intent for the deployment of the jackup rig Deep Driller 2 offshore Malaysia for two separate well programs.

The first three-well program, with revenue of $17 million, has an estimated duration of 90 days in direct continuation of an existing contract.

The second contract has an estimated duration of 210 days and is for a six firm well plus one optional well program, Aban said. The estimated revenue from the contract is $38 million. The deployment is to commence in direct continuation of the first program.

Related post : Rig Market In India , Offshore Support Companies on Rise

 

Source : Oil & Gas Industry

Entry Filed under: Aban Offshore, Exploration, Market, Oil & Gas. Tags: , , , , , .

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