Aban Offshore Ltd signs contract with Brunei Shell Petroleum Company
DSIJ Intelligence / 23 Jun 2017
The deployment is likely to commence during the last quarter of calendar year 2017. Meanwhile, the stock is trading marginally stronger, gaining nearly 1% at 188.75 per share on the BSE.
Aban Offshore Limited and Brunei Shell Petroleum Company Sdn Bhd have entered into a contract for the deployment of the jack-up rig Deep Driller 5 ("DD5") offshore Brunei Darussalam for a firm period of 5 years followed by 3 optional periods of one year each.
The deployment is likely to commence during the last quarter of calendar year 2017.
Meanwhile, the stock is trading marginally stronger, gaining nearly 1% at 188.75 per share on the BSE.
On yearly basis, the stock has underperformed BSE Small-cap index and BSE Oil & Gas index.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.