Aban Offshore has received letter of award for jack-up rig Deep Driller 5, Offshore Vietnam.

Aban Offshore Ltd. has informed BSE that a letter of award has been received for the deployment of the jack-up rig Deep Driller 5 (owned by the Company's step down subsidiary) Offshore Vietnam, for a firm period of 1 year and an optional period of 1 year. The estimated revenues from the deployment during the firm period is about USD 61.3 Million (equivalent to approx. Rs. 380 Crores). The Contract is likely to commence during April 2014.

HBL