Search results for: Asia Offshore Drilling

151970 results

A list of search results

  • 29 October 2012
    Business & Finance

    One of the world’s largest drilling contractors, Seadrill Limited has today acquired additional 611,449 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of US$ 5.00 (NOK 28.71) per share. Following this acquisition, Seadrill will be the owner of 26,302,407 shares in the Company, corresponding to 65.76% of the total number […]

  • 1 November 2012

    International drilling contractor Seadrill Limited has today acquired additional 12,883 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of NOK 28.70 per share (USD 5.03) . Following this acquisition, Seadrill will be the owner of  65.89% of the total number of outstanding shares in the Asia Offshore Drilling. Asia Offshore […]

  • 1 July 2011
    Business & Finance

    Seadrill has participated in a private placement in Asia Offshore Drilling Limited and has been allocated shares for US$54 million which corresponds to a 33.75 percent ownership stake. Asia Offshore Drilling was established by Mermaid Maritime Public Company Limited in late 2010 when two MOD-V B Class jack-up rigs where ordered at Keppel FELS in […]

  • 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 […]

  • 31 October 2012

    One of the largest drilling contractors in the world, Seadrill Limited, has increased its ownership in Asia Offshore Drilling Limited. The drilling contractor today bought additional 38,961 shares of Asia Offshore Drilling Limited at a price of NOK 28.71 per share (USD 5.0). Following the acquisition, Seadrill will be the owner of 26,341,368 shares in […]

  • 24 April 2013

    Seadrill Limited, one of the world’s biggest offshore drilling contractors, has today acquired additional 100 shares of Asia Offshore Drilling Limited . The shares were acquired at price NOK28.70 per share. Following this acquisition, Seadrill will be the owner of 39,739,647 shares in the Company, corresponding to 66.23% of the total number of outstanding shares […]

  • 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 […]

  • 27 November 2012
    Business & Finance

    Seadrill, an international offshore drilling contractor, has today acquired additional 1,127 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at price NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,377,643 shares in the Company, corresponding to 65.94% of the total number of outstanding shares in the Company. […]

  • 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. 

  • 29 November 2012

    Seadrill yesterday bought additional 1,887 shares of Asia Offshore Drilling Limited (AOD) at a price of NOK 28.70 per share. The international offshore drilling contractor now owns 26,379,530 shares in the Company, corresponding to 65.95% of the total number of outstanding shares in the Company. Seadrill is working to acquire all of the remaining shares of […]

  • 7 November 2012
    Business & Finance

    One of the world’s largest drilling contractors Seadrill Limited has today acquired additional 3,765 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at a price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,376,516 shares in the Company, corresponding to 65.94% of the total number of […]

  • 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 […]

  • 2 December 2010
    Business & Finance

      Keppel FELS Limited (“Keppel FELS”)announces that it has signed a contract to build two proprietary KFELS B Class jackup rigs worth US$360 million with Asia Offshore Drilling Limited (“AOD”), a 49% owned affiliate of Mermaid Maritime Public Company Limited (“Mermaid”). This follows a Letter of Intent entered into by Keppel FELS and Mermaid on […]

  • 29 September 2011
    Business & Finance

    Asia Offshore Drilling Limited (the “Company”) has decided to increase the water depth capacity from 350 feet to 400 feet for its three jack-up rigs under construction. This investment will increase the marketability of the rigs, allowing them to successfully operate in more offshore areas. The additional capital expenditure to extend the legs is estimated […]

  • 11 April 2013
    Business & Finance

    One of the world’s largest offshore drilling contractors, Seadrill Limited, yesterday acquired additional 14,153 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at price NOK28.70 per share. Following this acquisition, Seadrill will be the owner of 39,739,547 shares in the Company, corresponding to 66.23% of the total number of outstanding shares in […]

  • 26 March 2013

    Seadrill Limited has today acquired additional 2,488 shares of Asia Offshore Drilling Limited. The shares were acquired at the price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 39,709,313 shares in the Company, corresponding to 66.18% of the total number of outstanding shares in the Company. [mappress] Press Release, […]

  • 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 […]

  • 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 […]

  • 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 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 […]