Aban Offshore Agrees to Deploy Drill Ship

11 August 2010 (Last Updated August 11th, 2010 18:30)

Aban Offshore has agreed with Petrobras to deploy its drill ship Aban Abraham offshore Brazil for five years. The Indian offshore drilling contractor expects the vessel to earn $494m during the period. The vessel will be deployed during the fourth quarter of 2010, Aban

Aban Offshore has agreed with Petrobras to deploy its drill ship Aban Abraham offshore Brazil for five years.

The Indian offshore drilling contractor expects the vessel to earn $494m during the period.

The vessel will be deployed during the fourth quarter of 2010, Aban said.

In July, the company signed a INR500m ($10m) contract to deploy its jack-up rig Aban VII Offshore India for four months to drill three firm wells.