MarineLink News Search

Asia Offshore Drilling Secures AOD II and AOD III Contracts

Asia Offshore Drilling Ltd (AOD) has signed drilling contracts whereby AOD's jack-up drilling rigs AOD II and AOD III will be leased to Saudi Aramco for operations offshore Saudi Arabia. The drilling contracts have been entered into and will be managed by Seadrill Management, on behalf of AOD. The contract duration is a minimum of three years plus a one-year option. The potential revenues for the three…