India's Aban Offshore said today that reinsurers have settled a claim worth $235 million for the Pearl semi-submersible rig, which sank in the Caribbean Sea earlier this year. In a statement issued to ...

MUMBAI, July 28 (Reuters) - Aban Offshore said on Wednesday it has received a major portion of the $235 million insurance claim for its semi-submersible rig, sending its shares soaring but analysts ...

CARACAS, Venezuela -- An offshore natural-gas platform sank off Venezuela on Thursday, and 95 workers were rescued safely, the government said. All of the workers on the Aban Pearl platform off ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The Associated Press reports that a natural-gas rig off Venezuela has ...

ICICI Lombard General Insurance, the largest private nonlife insurer in India, said it has accelerated payment of a settlement for losses of US$235 million for the sinking of semi-submersible natural ...

The semisub was operating for Venezuela's state-run producer PDVSA at the Mariscal Sucre complex development under a five-year contract which came into effect last year. Venezuela's Oil Minister ...

A semisubmersible rig sank in the Caribbean off Venezuela’s eastern coast, but the crew of nearly 100 was reported safe. HOUSTON, May 13 – A semisubmersible rig sank in the Caribbean off Venezuela’s ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. LIMA, Peru • An offshore natural gas exploration rig leased to Venezuela's national oil company sank off the coast of ...

MUMBAI, June 1 (Reuters) - Shares in Aban Offshore Ltd have tumbled more than 44 percent since the beginning of 2010 on concerns of high debt leverage and order renewals. Sign up here. Investors were ...

Aban Offshore has selected Fairmount Marine to transport the Aban Pearl to South America. India's largest offshore drilling contractor in the private sector, ABAN Offshore Ltd, selected Fairmount for ...

CARACAS, Venezuela — An offshore natural-gas platform sank today off Venezuela, and 95 workers were rescued safely, the government said. All of the workers on the Aban Pearl platform off eastern Sucre ...