AsiaEuropeOffshore

Shell terminates Aban Offshore jackup contract

Photo of Jason Jiang Jason JiangNovember 10, 2020
468 Less than a minute

Shell has terminated a contract with Aban Offshore for the jackup drilling rig  Deep Driller 5 operating in Brunei.

Shell awarded a five-year contract plus options to Aban Offshore for the rig in 2017.

According to Aban Offshore, Shell had exercised its right of early termination for convenience, effective the last week of December, and the company will receive early termination fee as per the contract.

Aban Offshore currently owns a fleet of 15 jackup rigs and two drillships.

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Photo of Jason Jiang Jason JiangNovember 10, 2020
468 Less than a minute
Photo of Jason Jiang

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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