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Aban Offshore News Monitoring

  • Published on Aug 22, 2020

    In talks with banks, stakeholders for settlements of dues: Aban Offshore

    Offshore drilling contractor, Aban Offshore on Saturday said that it was in discussion with banks and other stakeholders for amicable settlements of dues. Aban Offshore is the country’s largest offshore drilling services provider to oil companies, mainly …

    Source: Business Standard - Neutral
  • Published on Feb 26, 2021

    D-Street selloff in numbers: Top 3 cos lose Rs 1 lakh crore, select midcaps take a beating

    NEW DELHI: Friday's was an across-the-board selloff that spared no one. Three stocks ended lower for every one that rose, as bears tightened grip on the market on Day 1 of March F&O series. To investors' respite, India wasn't the worst hit …

    Source: Economic Times - Uncategorized
  • Published on Feb 28, 2020

    Aban Offshore Limited updates on CARE ratings

    Aban Offshore Limited has received the following ratings from CARE. - Long Term Bank Facilities - CARE D (Single D). The earlier rating was CARE D (Single D). - Long Term /Short Term Bank Facilities - CARED/ CARE D (Single D) / (Single D). The …

    Source: Equity Bulls - Neutral
  • Published on Oct 10, 2019

    Aban Offshore Ltd receives LOA from ONGC for jack-up rig ABAN II

    Aban Offshore Ltd has received a Letter of Award for deployment of jack-up rig ABAN II from ONGC for a firm period of three years. The deployment is expected to commence during the second quarter of the Calendar year 2020. Shares of ABAN OFFSHORE LTD. was …

    Source: Equity Bulls - Neutral
  • Published on Oct 1, 2019

    Central Bank withdraws insolvency application against Aban Offshore

    Central Bank of India one of the lender of offshore drilling contractor Aban Offshore, has withdrawn their insolvency application against the company. The National Company Law Tribunal (NCLT) has dismissed the application, giving liberty for the lender to …

    Source: Business Standard - Neutral
  • Published on Mar 13, 2019

    CARE assigns ratings to Aban Offshore Ltd

    Aban Offshore Ltd has received the following ratings from CARE. - Long Term Bank Facilities -CARED (Single D). The earlier rating was CARE D (Single D). - Long Term /Short Term Bank Facilities -CARE D / CARE D (Single D) / (Single D). The …

    Source: Equity Bulls - Neutral
  • Published on Mar 10, 2019

    Aban Offshore in the limelight

      Here are answers to readers’ queries on the performance of their stock holdings. I have shares of Aban Offshore and Quick Heal Technologies. What is the outlook for these stocks? Sivakumar Aban Offshore (₹74.8): The stock of Aban Offshore was in the …

    Source: The Hindu Business Line - Neutral
  • Published on Feb 6, 2019

    R Infra, Aban Offshore among top losers on BSE

    NEW DELHI: The domestic equity benchmark BSE Sensex was trading 193.06 points up at 36,809.87 on account of buying in frontline bluechip counters. Shares of Reliance Infra (down 22.14 per cent), Conart Engineering (down 14.92 per cent), RDB Rasayans (down …

    Source: Economic Times - Uncategorized
  • Published on Jan 24, 2019

    Aban Offshore bags order to deploy 2 jack-up rings from ONGC

    Aban Offshore on Thursday said that a letter of award has been received for the deployment of jack-up rigs Aban-III and Aban-IV from ONGC for a firm period of three years each. The deployment is expected to commence during the financial year 2019-20. The …

    Source: The Hindu Business Line - Neutral
  • Published on Nov 8, 2018

    ABAN Offshore Ltd reports loss of Rs. 381.43 crores

    ABAN OFFSHORE LTD. has reported financial results for the period ended September 30, 2018. The company has reported net sales of Rs.283.60 crores during the period ended September 30, 2018 as compared to Rs.346.85 crores during the period ended September …

    Source: Equity Bulls - Neutral
  • Published on Oct 10, 2018

    India’s Aban Offshore in quick-fire sale of North Sea blocks

    Indian firm Aban Offshore has agreed a quick-fire sale of 50% of two North Sea blocks it is in the process of acquiring. Chennai-based Aban Offshore has struck a deal to buy 100% of blocks 15/13a and 15/13b for £57 million. Iran’s national oil …

    Source: Press and Journal - Neutral
  • Published on Sep 27, 2018

    Aban Offshore Ltd arm receives LOA for deployment of jack-up rig

    A Letter of Award has been received for the deployment of jack-up rig "ABAN VIII" in Offshore, Malaysia by Aban Offshore Ltd's Step down subsidiary for a period of one year with six extension options of three months each. The deployment is …

    Source: Equity Bulls - Neutral
  • Published on Sep 24, 2018

    Aban Offshore hires Deloitte to draw up a debt resolution plan

    Aban Offshore, which owes about $2 billion to its creditors, featured in RBI’s list of 28 NPA accounts for immediate debt resolution under the Insolvency and Bankruptcy Code. Photo: Bloomberg Mumbai: Lenders to Aban Offshore Ltd, India’s largest offshore …

    Source: Mint - Neutral
  • Published on Dec 18, 2020

    Oil Exploration Ship Market 2020 Global Analysis, Opportunities And Forecast To 2026

    WiseGuyReports.Com Publish a New Market Research Report On –“ Oil Exploration Ship Market 2020 Global Analysis, Opportunities And Forecast To 2026”. PUNE, MAHARASTRA, INDIA, December 18, 2020 /⁨EINPresswire.com⁩/ -- Oil Exploration Ship Market …

    Distribution channels: Business & Economy, Chemical Industry ...
  • Published on Jul 12, 2018

    Company news: Aban Offshore

    Aban Offshore on Thursday informed the exchanges that its wholly-owned step-down subsidiary has received a letter of award for deployment of three jack-up rigs owned by step-down subsidiaries of the company, in the United Arab Emirates. While two jack-up …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 3, 2018

    Aban Offshore Limited's arm gets LOA from ONGC

    Aban Offshore Limited's step-down subsidiary Aban Singapore Pte Ltd has received a letter of award from Oil and Natural Gas Corporation Limited for deployment of jack-up rig Deep Driller 8 for a firm period of 2 years. The deployment is likely to …

    Source: Equity Bulls - Neutral
  • Published on Apr 11, 2018

    Aban Offshore, Oil India up over 3%; HPCL, BPCL, IOC down over 5%

    Shares of oil exploration, equipment and services companies were trading higher on the bourses by up to 7% on Wednesday in otherwise subdued market after on higher crude oil prices. Oil and Natural Gas Corporation (ONGC), Oil India, Aban Offshore, Jindal …

    Source: Business Standard - Neutral
  • Published on Jan 10, 2018

    Smallcap stocks shine; Aban Offshore, Tinplate, Welspun India sparkle

    Mumbai: Even as a majority of large cap stocks found it tough to make significant headway into positive territory today, a few stocks from the smallcap space posted handsome gains, marching ahead on unusually large volumes. Three smallcap stocks, Aban …

    Source: Sify.com - Uncategorized
  • Published on Jan 7, 2018

    Aban Offshore promoters offer $600 million one-time settlement to lenders

    Aban Offshore is the flagship company of Aban group, and provides offshore drilling services to companies engaged in exploration and production of oil and gas. Photo: Bloomberg Mumbai: Promoters of Aban Offshore Ltd have offered to pay up to $600 million …

    Source: Mint - Neutral
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