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Mumbai: Aban Offshore, one amongst the largest offshore drilling contractor, has gained a contract worth Rs1,050 crore from the state-owned ONGC Ltd. A Letter of Award (LOA) has been awarded by ONGC Ltd for deployment of drillship Aban Ice for a period of three years, said the company in its official statement. The project is expected to commence during the fourth quarter of this financial year and is expected to further leverage the companys business operations.