Aban Offshore announced that a step down subsidiary of the Company has entered into a contract with Brunei Shell Petroleum Company Sdn Bhd for deployment of the jack-up rig Deep Driller 5 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.
Total volume of shares traded on the bourses today was lower by 50.84% to 707,280 compared with 22-day average volume of 1,438,674.
Shares of the company gained Rs 3.4, or 1.82%, to trade at Rs 190.40. The total volume of shares traded was 185,460 at the BSE (10.39 a.m., Friday).