Merrill Lynch Capital Markets Espana SA SVB has purchased 296,914 equity shares constituting 0.7% stake of Aban Offshore through an open market transaction on January 31, 2014. The shares were purchased at Rs 414.10 a piece on National Stock Exchange (NSE) valuing the deal around Rs 12 crore.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.
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