3-Year Contract Extension for Jack-Up AOD III (Scandinavian Oil-Gas Magazine)

3-Year Contract Extension for Jack-Up AOD III

Published Dec 29, 2016

Jack-up AOD III (photo: Seadrill Limited)

Seadrill Limited has received a 3-year contract extension from Saudi Aramco for the jack-up AOD III, expiring in December 2019. The extension is in direct continuation of the current contract and will add approximately USD 112.5 million in contract backlog.

This extension follows the 3-year extensions of the AOD I and AOD II announced on July 29, 2016. The three units have been working for Saudi Aramco since 2013.

Tags: Saudi Aramco, Seadrill Limited

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