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MUMBAI, June 30 Asia Pulse - Offshore drilling and oil field services provider Aban Offshore (BSE:523204) today said it has terminated a US$10.53 million contract with Husky Oil China.
In May, the company had received a Letter of Intent from Husky Oil China for a one-well contract for the rig Murmanskaya Offshore of Russia. The contract period was for 50 days.
"Due to unforeseen circumstances not known at the time of agreeing the LOI, the letter of intent has been terminated," Aban ...