Tag: 523204

• Friday, May 14th 2010 - 01:22 UTC

  Indian Sub-Submersible Gas Rig Sinks off the Coast of Venezuela

  

  Aban Offshore (BOM:523204), India’s largest offshore drilling and oil field services provider, suffered a major setback on Thursday, when its gas platform Pearl sunk off the coast of Venezuela. This was one of Aban’s biggest money spinning rig earning 358,000 US dollars a day.