Western India Shipyard bags Rs 60 cr order from Aban Offshore

Western India Shipyard, a group firm of ABG Shipyard, today said mulberry alexa bag it has bagged an order worth Rs 60 crore for repair of Aban-II jack-up oil rig from Aban Offshore.

In a filing to the Bombay Stock Exchange, the company said it has signed the repair order for the jack-up oil rig and the scope of work includes steel renewal, pipe renewal, paint protection, supply of various machinery and equipment.

The filing added that the repair work will be taken up after detailed inspection and assessment on arrival of the rig in the shipyard.

Yesterday, Aban had said that it has bagged firm orders worth USD 138 million (Rs 620 crore) from ONGC for the deployment of two jack-up rigs for three years period each.

Following the announcement of the news, mulberry sale scrips of Western India Shipyard closed 4.06 per cent up today on the Bombay Stock Exchange at Rs 13.83 apiece, while shares of Aban Offshore were down by 2.72 per cent at Rs 664.45 apiece.