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.

Keppel FELS has recently completed the repair and refurbishment of a semisubmersible, Aban Pearl, to the satisfaction of the owner, Aban. The KFELS Super B Class design is an enhancement of the ...