Aban Offshore Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2008, inter alia, has transacted the following:
1. The Board has recommended preference dividend of 8% per annum on 8% cumulative non convertible redeemable preference shares of Rs 10/- each and recommended preference dividend of […]

Aban Offshore Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 21, 2008, inter alia, to transact the following items :
a) To consider and take on record the Unaudited Quarterly Financial Results of the Company for the period June 30, 2008.
b) To consider and […]

Aban Offshore Ltd has informed BSE that : “Venture Drilling AS, in which the Company’s subsidiary Aban Singapore Pte Ltd (ASPL) has a 50% indirect shareholding, has agreed with ExxonMobil for a six month extension of the present drilling contract, in direct continuation and on same terms (at an Operating Day Rate of USD 425,000 […]

With reference to the earlier announcement dated May 12, 2008 regarding a Letter of intent from Husky Oil for a one well contract for the rig Murmanskaya, Aban Offshore Ltd now has informed BSE that due to unforeseen circumstances not known at the time of agreeing the LOI, the letter of intent has been terminated. […]

Aban Offshore Ltd has informed BSE that:
“A Letter of Intent has been received from a leading operator for the deployment of the jack-up rig Deep Driller 2 offshore Malaysia for a 3 well programme. The estimated revenues from the Contract (with an estimated duration of approx. 90 days) is approx. USD 17 million. The deployment […]

With reference to the earlier announcement dated April 15, 2008 regarding a contract that has been signed with Exxon Neftegas Ltd for the deployment of the Jack-up rig Murmanskaya Offshore Russia for a 2 well programme which is expected to commence in June 2008, Aban Offshore Ltd has informed BSE that Exxon Neftegas has terminated […]

With reference to the earlier announcement dated April 15, 2008 regarding a contract that has been signed by with Exxon Neftegas Ltd for the deployment of the Jack-up rig Murmanskaya Offshore Russia for a 2 well programme which is expected to commence in June 2008, Aban Offshore Ltd has informed BSE that Exxon Neftegas has […]

Aban Offshore Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Unaudited results for the Quarter ended March 31, 2008
The Company has posted a net profit of Rs 345.489 million for the quarter ended March 31, 2008 as compared to Rs 295.352 million for the quarter ended March 31, […]

Aban Offshore Ltd has informed BSE that a Contract has been signed with Exxon Neftegas Ltd for the deployment of the Jack-up rig Murmanskaya Offshore Russia for a 2 well programme. The estimated revenues from the Contract (with an estimated duration of approx 160 days) is approx USD 34 Million. The deployment is to commence […]

Aban Offshore Ltd has informed BSE that a Letter of Intent has been received for the deployment of the newly built jack-up rig Aban VIII in the Middle East for a 18 wells plus 4 optional wells programme. The estimated revenues from the Contract (with an estimated duration of approx. 4 years) is approx. USD […]