Search results for: AOD

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  • 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 […]

  • 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 […]

  • 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.

  • 3 July 2011
    Business & Finance

    Keppel FELS Limited’s (“Keppel FELS”) repeat customer, Asia Offshore Drilling Limited (“AOD”) has exercised its first of two options to build a KFELS B Class jackup rig worth US$184 million. The effectiveness of this first option is subject to AOD or its wholly owned subsidiary entering into a construction contract with Keppel FELS and fulfilling […]

  • 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 […]

  • 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, […]

  • 26 October 2012
    Business & Finance, Equipment

    Asia Offshore Drilling Ltd (AOD) has signed a drilling contract whereby AOD’s first jack-up drilling rig AOR-1 will be leased to a reputable client. The charter has been entered into and will be managed by Seadrill, on behalf of AOD. The contract duration is a minimum of three years plus a one-year option. The potential […]

  • 4 July 2011
    Business & Finance

      Keppel FELS Limited’s (“Keppel FELS”) repeat customer, Asia Offshore Drilling Limited (“AOD”) has exercised its first of two options to build a KFELS B Class jackup rig worth US$184 million. The effectiveness of this first option is subject to AOD or its wholly owned subsidiary entering into a construction contract with Keppel FELS and […]

  • 18 July 2013
    Business & Finance

    Mermaid Maritime Public Company Limited announced that Asia Offshore Drilling Limited (“AOD”), an associate company, has taken delivery of its third new‐build jack‐up rig,  ʹAOD IIIʹ, from Singapore‐based builder Keppel FELS Ltd. The Company founded AOD in 2010 and currently holds a 33.76% stake in the venture. Seadrill is AOD’s manager and owns 66.23% of its shares. ʹAOD […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 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 […]

  • 18 July 2013
    Business & Finance

    Mermaid Maritime Public Company Limited announced yesterday that Asia Offshore Drilling Limited (AOD), an associate company, has taken delivery of its third new‐build jack‐up rig, ʹAOD IIIʹ, from Singapore‐based builder Keppel FELS Ltd. (Keppel FELS). The Company founded AOD in 2010 and currently holds a 33.76% stake in the venture. Seadrill is AOD’s manager and […]

  • 10 May 2011
    Business & Finance, Project & Tenders

        This announcement is made by Mermaid Maritime Public Company Limited (“Mermaid”) with respect to its associated company Asia Offshore Drilling Limited (“AOD”). Mermaid refers to the construction of two high  specification jack-up rigs by Keppel FELS Limited (“Keppel FELS”) for AOD. Mermaid announces that AOD received a notice from Keppel FELS dated 6 […]

  • 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 […]

  • 3 February 2013
    Business & Finance

    Asia Offshore Drilling’s first rig was delivered to the company on Thursday, January 31, 2012. The rig named AOD I, built at Keppel Fels shipyard in Singapore, was delivered on time and within budget. AOD I will now move to the Persian Gulf where it will work for Saudi Aramco. The contract is expected to […]

  • 4 February 2013
    Business & Finance

    Over two consecutive days on 2 and 3 February 2013, Keppel FELS held naming ceremonies for twin jackup rigs built for Transocean, and another jackup rig built for Asia Offshore Drilling (AOD), which is majority owned and managed by Seadrill Limited. For the early completion of two of these rigs, Keppel FELS will receive a […]

  • 28 February 2011
    Business & Finance, Equipment

      Mermaid is  announces that its 49% owned special investment vehicle, Asia Offshore Drilling Limited (“AOD”) has recently successfully carried out the Strike Steel Ceremony for second of two proprietary KFELS B Class jackup rig ‘Hull-B321’  at Keppel FELS’ (“Keppel FELS”) yard at 50 Gul Road, Singapore. The Strike Steel Ceremony for the first jack-up […]

  • 4 February 2013

    Over two consecutive days on 2 and 3 February 2013, Keppel FELS held naming ceremonies for twin jackup rigs built for Transocean, and another jackup rig built for Asia Offshore Drilling (AOD), which is majority owned and managed by Seadrill Limited. For the early completion of two of these rigs, Keppel FELS will receive a […]