Aban

About us

Founder

The ABAN Group was born as a small engineering firm in Chennai, Aban Constructions, established by late Mr. M. A. Abraham in 1986. A visionary, Mr. M. A. Abraham began his career as an engineering professional in the Construction Industry with illustrious names like the Tata Group and Saipem.

The Group took giant strides into newer arenas of operation like the execution of high- pressure systems and cross-country pipelines for refineries and fertilizer and petrochemical industries. Inevitably, Aban ventured into the high-powered domains of drilling, power generation.

About us

Our drive to pursue and attain the highest standards in the business has been unwavering. Our ambition to emerge as one Of the global leaders in the offshore drilling services industry has been unrelenting. Our Safe and Reliable Operations is a proof of our commitment and capability. We are one Of the leading, “Top 12” offshore drilling contractors in the world. We stand by our reputation and track record. Clients appreciate our attitude, experience and professionalism. They trust us for successful and safe Drilling campaigns. At Aban, that attention to detail comes from a willingness to understand your needs. We partner you to achieve the Performance Goals of Safety, On-time rig availability, time and costs for wells — Synergies of a Successful Campaign.

Our Offer

Tangible Assets, Intangible Benefits.
Systems for “Zero Incident” (QHSET)

Our Vision

To achieve operational excellence in today’s competitive
global scenario by meeting customers technical and operational excellence.

Our Mission

We will be recognized as global leaders, by offering our clients superior service, including experienced, suitably trained and motivated personnel, superior, reliable and efficient equipment with environmentally friendly operations. We will achieve leadership status by actively encourägtrtg-ouræmptöYées to attain the highest standards of ethics, honesty and integrity. We will foster pride, enthusiasm, creativity and teamwork to ensure trust and confidence in our employees, clients and suppliers.
We will actively support and emphasize “zero tolerance” to unsafe working practices and conditions, by utilizing and implementing the best industry standards in our operations at all times. We will actively grow Aban through financial discipline and cost effective asset management to deliver superior returns to our clients and shareholders.

Milestones

Aban Offshore Ltd incorporated in 1986.
1987 – First 2 jack-up rigs arrive in India from the USA.
1993: Fleet Addition
2000 – 2001: Hitech Acquisition
2005: Fleet Addition
2005: International Expansion
2006: Sinvest Acquisition

1987 – First 2 jack-up rigs arrive in India from the USA.

First well drilled by Aban Offshore Ltd for ONGC.

By the 1990s, many private sector companies in India chose to exit the drilling business. However, AOL preferred to increase its focus on the sector with newer rigs, acquisitions and mergers.

1993: Fleet Addition

AOL purchases a 300-ft. jack-up rig from Mahindra & Mahindra Ltd.

2000 – 2001: Hitech Acquisition

AOL acquires Hitech Drilling Services (India) Ltd., belonging to the Tata Group, boosting AOL’s fleet to four rigs. This also enables AOL to enter the FPSO business with the FPU ‘Tahara’ owned by Hitech.

2005: Fleet Addition

AOL adds two jack-up rigs (Aban V and Aban VI) and a drill ship (Frontier Ice).

2005: International Expansion

In line with its global expansion strategy, AOL launches Aban Singapore Pte Ltd. (ASPL) in November as its vehicle for international operations. ASPL, in turn, sets up 3 SPVs as step down subsidiaries, each equipped with a rig or drill ship.

2006: Sinvest Acquisition

ASPL acquires a 33.7% stake in Sinvest ASA, a Norwegian company with eight new premium jack-ups on order. ASPL subsequently completes the acquisition in stages, including a mandatory offer to all shareholders.

AOL currently possesses Seven offshore drilling and production units spiraling us to a prestigious position among the top ten offshore drilling asset owners in the world.

Corporate Structure