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Aban Pearl

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  • Business

Indian companies facing the heat in foreign acquisitions

Tata Steel Ltd is not the only company to have made a massive non-cash write-down on its foreign business.Many top Indian companies that have gone on a frenzied foreign acquisition drive in the......

US Gulf moratorium to hit Indian drilling firms

The six-month moratorium on deep-water drilling in the Gulf of Mexico is likely to delay the deployment of idle rigs by Aban Offshore and impact the day rates for support vessels that companies......

Aban's debt woes resurface as rig sinks

Aban Offshore, India's largest oil rig company, is likely to come under increased stress for repaying debt after the loss of its semi-submersible rig, Aban Pearl, which sank in the early hours of......

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