AOD jackup to continue offshore Middle East drilling program

Mermaid Maritime associate Asia Offshore Drilling has secured a three-year contract extension for the jackup AOD I in the Middle East.

Offshore staff

BANGKOK, Thailand – Mermaid Maritime associate Asia Offshore Drilling (AOD) has secured a three-year contract extension for the jackupAOD I in the Middle East.

The program, which now runs through June 2022, will increase the value of the contract by around $80 million. The rig has been working for the client since 2013.

Mermaid has a 33.76% stake in AOD, the remainder held by Seadrill.

03/11/2019

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