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Tuesday, 02 December, 2008, 02:20 GMT | more >>

Extra time for Aban jack-up



By Upstream staff 

India's Aban Offshore said today the contract for deployment of jack-up rig Aban VI with United Arab Emirates player Oriental Oil has been extended by a further six years.

The existing contract, which expires this month, has been extended at a day rate of €62,450 ($ 87,745.40) for the first three years, a company official said. The rate for the remaining three years will be mutually decided, she said.


Wednesday, 10 October, 2007, 12:06 GMT  | last updated: Wednesday, 10 October, 2007, 12:09 GMT

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