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Aban Offshore Ltd
Aban Offshore Ltd Company History
Aban Offshore is engaged in the business of providing offshore drilling and production services to companies engaged in exploration, development and production of oil and gas both in domestic and international markets. The company is also engaged in the ownership and operation of wind turbines for generation of wind power in India.
2002
Mr A Abraham steps down from the Chairmanship of the company.
High court approves for the scheme of amalgamation of Hitech Drilling Services India Ltd with the company.
Ties up with Qatar Shipping to bid for Shipping Corporation of India's disinvestment programme.
Qualifies to bid for Shipping Corporation of India Ltd.
Mr Reiji Abraham and Mr Renny Abraham acquired the shares of the company.
Opts out of Shipping Corporation of India bid process
2002
2003
Board proposed to delist the company's shares from the Delhi Stock Exchange.
Company's offshore has been registered for ISO 9001:2000 by KPMG quality Register.
Director Mr Renny Abraham expires on Oct 5th.
Mr Frank A Wojtek resigns as the Director on the board of the company.
Aban Loyd Chiles Offshore Ltd. has informed that Mr. K. Bharathan has been appointed as Additional Director effective December 26, 2003.
2003
2004
Aban Loyd Chiles Offshore MD expires
2004
2005
Aban Loyd signs contract with HOEL
Aban Loyd Chiles enters agreement with Rowandrill Inc, USA
Aban Loyd Chiles Offshore enters into MoA with Pride Foramer
Company has splits its Face value of Shares from Rs 10 to Rs 2
2005
2006
Aban Loyd to purchase 52% stake in Indonesian co
Aban Loyd's subsidiary to acquire a Norwegian Company
Company has changed its name from Aban Loyd Chiles Offshore Ltd. to Aban Offshore Ltd.
2006
2008
Aban Offshore has signed a Letter of Agreement with Husky Oil China Ltd for the deployment of the jack-up rig Deep Driller 5 offshore China for a 3 firm wells along with 3 optional wells programme.
2008
2009
Aban Offshore Ltd has informed that Mr. Satish Chandra Gupta has been appointed as Additional Director effective March 26, 2009.
2009
2010
Semisubmersible Rig Aban Pearl owned by the wholly owned subsidiary has commenced its drilling operations on January 19, 2010.
Letter of Award has been received from a leading exploration & production Company for the deployment of the jack-up rig Deep Driller 1 offshore India for a firm period of 1 year plus two optional periods of 6 months each.
2010
2011
Sinvest AS, a subsidiary of offshore drilling contractor Aban Offshore is likely to sign a deal with Norway's Petrolia ASA to sell its entire 50% holding in Venture Drilling AS for about Rs 152 crore.
Company has received Firm Orders from ONGC for the deployment of jack-up rigs Aban III and Aban IV for a period of 3 years each. The total value of these firm orders is approximately USD 138 million (equivalent to Rs. 620 Crores).
Aban Offshore has signed an agreement for early redelivery of a drillship to its Russian owner.
2011
2012
A letter of award has been received for the deployment of the jack-up rig Deep Driller 3 (owned by the Company's step down subsidiary) offshore Malaysia, from Petronas Carigali Sdn. Bhd., for a firm period of three year
Aban Offhsore is India's largest offshore drilling contractor in the private sector, offering world-class drilling and oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
2012
2013
The Company has received a Letter of Award ("LOA") from ONGC for deployment of drillship Aban Ice for a firm period of 3 years.
2013
2014
Firm Order from ONGC for the deployment of jack-up rig Aban IV for a period of 3 years
Aban Offshore Ltd has informed that a letter of award has been received for the deployment of the jack-up rig Deep Driller 5 Offshore Vietnam, for a firm period of 1 year and an optional period of 1 year.
2014
2016
Aban Offshore zooms as arm bags order from ONGC for the deployment of the Drillship Aban Abraham for 2 years.
2016
2017
Aban Offshore wins Rs 471 cr order from ONGC.
2017
2018
Aban Offshore Limited has informed the Exchange regarding ''Acquisition of 100% interest in UK Continental Shelf Production License.
2018
2022
Aban Offshore Limited has informed the Exchange about Awarding orders/contract for Jack-up Rig Aban III
2022