Business | NDTV Correspondent | Saturday November 26, 2011
Essar Shipping, a part of Essar Group, has bagged a contract worth $ 121 million from ConocoPhillips to drill 11 offshore wells in Indonesia.
The company, which bagged the contract 3-4 weeks ago, has already deployed its semi-submersible offshore rig, Essar Wildcat for this contract, a senior company official said.
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