Aban Offshore up on $25 mn contract

MUMBAI: Aban Offshore made gains Thursday after its subsidiary received a letter of award for $25 million from PTTEP International for a three well contract offshore Myanmar, for the jack-up drilling rig deep driller 5. The contract is expected to be executed in four months. Shares of Aban Offshore were up 2.13 per cent at Rs 4,105 on the BSE.