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Seadrill secures Saudi Aramco jackup extension

Offshore drilling services provider Seadrill has received a three-year contract extension from Saudi Aramco for the jack-up AOD III.

The extension is in direct continuation of the current contract and will extend the contract expiring date of AOD III to December 2019. Total value of the extension is approximately $112.5m.

Saudi Aramco extended another two Seadrill jack-ups AOD I and AOD II by three years in July. The three units have been working for Saudi Aramco since 2013.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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