Aban Offshore receives letter of award (LoA) to deploy 3 jack-up rigs in UAE.

The company’s wholly owned step-down subsidiary has received LoA for the deployment of three jack-up rigs owned by step-down subsidiaries of the company, in the United Arab Emirates.

Two deployments are for a firm period of four years each, while the deployment of the third jack-up rig is for a firm period of three years and an optional period of two years. Furthermore, two of the rigs are expected to commence deployment during the last quarter of calendar year 2018 and the third is expected to commence deployment during the first quarter of calendar year 2019.

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