Search results for: AOD II

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  • 30 June 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Seadrill has received a contract suspension for the jack-up drilling rig AOD II operating in the Middle East due to changes in the drilling program.

  • 31 December 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has secured a three-year contract for each of the AOD II and AOD III jack-up rigs.

  • 14 March 2013

    Asia Offshore Drilling Limited (“AOD”), has signed drilling contracts whereby AOD’s jack-up drilling rigs ‘AOD II’ and ‘AOD III’ will be providing drilling services to the Saudi Arabian Oil Company (“Saudi Aramco”) for operations in offshore Saudi Arabia. The drilling contracts have been entered into and will be managed by Seadrill Limited on behalf of AOD. Together with ‘AOD […]

  • 28 May 2015
    Business & Finance, Exploration & Production

    Mermaid Maritime Public Company’s drilling associate, Asia Offshore Drilling Limited (AOD), has reached an agreement with its customer Saudi Arabian Oil Company (Saudi Aramco) to reduce the operating day rates for three jack-up rigs.  The rigs in question are AOD I, AOD II, and AOD III and their day rates will be reduced by 10 percent. The operating […]

  • 17 April 2013
    Business & Finance

    Mermaid Maritime Public Company Limited announced that the second rig ordered by its associate Asia Offshore Drilling Limited (“AOD”) from Keppel FELS Limited (“Keppel”) in Singapore, ‘AOD II’, has been successfully delivered to AOD’s wholly owned subsidiary, Asia Offshore Rig 2 Limited. ‘AOD II’ will now be mobilised to the Middle East to commence its […]

  • 18 April 2013

    Asia Offshore Drilling Limited has taken delivery of the jack-up drilling rig “AOD II” from Singapore’s Keppel shipyard. The ‘AOD II’ will now be mobilised to the Middle East to begin its drilling contract with Saudi Aramco. The contract, which is expected to start by end of June this year, has a minimum duration of three years plus […]

  • 29 July 2016
    Business & Finance, Exploration & Production

    Asia Offshore Drilling (AOD) has received three-year contract extensions for two jack-up rigs from Saudi Aramco.  AOD is an associate company of Mermaid Maritime and Mermaid has 33.76 percent equity stake in AOD while the other 66.24 percent equity is owned by Seadrill. The extension is for two jack-up drilling rigs,  AOD I and AOD II, […]

  • 29 December 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Seadrill has received a three-year contract extension from Saudi Aramco for the jack-up AOD III, expiring in December 2019. Seadrill said on Thursday that the extension is in direct continuation of the current contract and will add approximately $112.5 million in contract backlog. This extension follows the three-year extensions of the AOD […]

  • 18 July 2013

    Mermaid Maritime Public Company Limited announced on July 17th that Asia Offshore Drilling Limited (AOD), an associate company, has taken delivery of its third new‐build jack‐up rig, ʹ AOD III ʹ , from Singapore ‐ based builder Keppel FELS Ltd. (Keppel FELS). The Company founded AOD in 2010 and currently holds a 33.76% stake in […]

  • 11 March 2019
    Business & Finance, Exploration & Production

    Asia Offshore Drilling Limited (AOD) has secured a three-year contract extension for a jack-up drilling rig in the Middle East. 

  • 11 October 2016
    Business & Finance, Exploration & Production

    Asia Offshore Drilling Limited (AOD) has secured a drilling contract extension for a jack-up drilling rig AOD III with Saudi Aramco, off Saudi Arabia, but with a reduced dayrate.  AOD is a partnership venture between Mermaid and Seadrill where Mermaid has 3.76 percent equity stake while the other 66.24 percent equity is owned by Seadrill. In […]

  • 27 May 2016
    Business & Finance

    Mermaid Maritime has announced that it has, through its subsidiaries, signed seven different subsea contracts and two contract extensions. The contracts were obtained by Mermaid’s subsidiaries Mermaid’s Western Hemisphere (MSSW), Mermaid’s Eastern Hemisphere (MSSE) and associate Asia Offshore Drilling (AOD). Mermaid said on Friday that MSSW has signed seven new subsea project contracts in the Middle […]

  • 16 April 2013

    Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract worth US$226 from Singapore-listed Falcon Energy Group Limited (Falcon Energy) through its subsidiary, FTS Derricks, to construct a KFELS Super B Class jackup rig. This brings Keppel Offshore & Marine’s new orders for 2013 to-date to US$1.8 […]

  • 15 April 2013
    Business & Finance

    Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from Singapore-listed Falcon Energy Group Limited (Falcon Energy) through its subsidiary, FTS Derricks, to construct a KFELS Super B Class jack-up rig. Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel […]

  • 15 April 2013
    Business & Finance

    Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from Singapore-listed Falcon Energy Group Limited (Falcon Energy) through its subsidiary, FTS Derricks, to construct a KFELS Super B Class jackup rig. Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of […]

  • 25 February 2014
    Business & Finance

    Mermaid Maritime Public Company Limited on 12 February 2014 announced first quarter 2014 net profits of USD 13.3 million with its subsea business leading the recovery and drilling business also doing well. In addition to the financial results and reports released on that date, Mermaid adds the following highlights: Growing strong in both subsea and […]

  • 27 December 2013
    Business & Finance

    Keppel FELS Ltd has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for the most number of […]

  • 25 November 2013

    Seadrill today reported its consolidated revenues for the third quarter of 2013 were US$1,280 million compared to $1,268 million in the second quarter of 2013. The increase is primarily due to the inclusion of Sevan Drilling and jack-up rigs AOD II and West Tucana, and tender rigs T-15 and T-16 entering the fleet, offset by the disposal […]

  • 25 February 2014

    Seadrill has reported that its consolidated revenues for the third quarter of 2013 were US$1,280 million compared to $1,268 million in the second quarter of  2013. The increase is primarily due to the inclusion of Sevan Drilling and jack-up rigs AOD II and West Tucana, and tender rigs T-15 and T-16 entering the fleet, offset […]

  • 26 May 2016
    Exploration & Production

    Deepwater drilling contractor Seadrill is eyeing further cash savings after posting a lower profit and revenues for the first quarter of 2016 due to lower dayrates for several of its drilling rigs.  During the quarter, Seadrill’s reported net income fell to $88 million, compared to $448 million in the first quarter 2015. Excluding non-recurring items and non-cash […]

  • 8 December 2014

    Halliburton said it has named Abdulaziz F. Al Khayyal to its board of directors.

  • 30 May 2013
    Business & Finance

    Exxon Mobil Corporation announced that shareholders elected a new member, William C. Weldon, to its board of directors. Weldon, 64, served as chairman and chief executive officer of Johnson & Johnson from 2002 to 2012, vice chairman from 2001 to 2002 and as worldwide chairman, Pharmaceuticals Group, from 1998 to 2001. Weldon earned a Bachelor […]