Seadrill has been awarded contract extensions for AOD I, AOD III and West Callisto rigs for work offshore in the Middle East Gulf
The firm term of each contract is three years with commencement in direct continuation of the current contracts. AOD I, AOD III and West Callisto are now committed till June 2025, December 2025 and November 2025, respectively. The aggregate contract value for the three cantilever jack-up units is approximately US$361M.
Seadrill chief executive Simon Johnson commented, “We are pleased to be extending these rigs in the Middle East Gulf, solidifying Seadrill’s strong market share and further extending our impressive backlog. These contracts demonstrate the value customers place on Seadrill’s operational performance and safety record. The extensions also reflect the commitment and energy of our crews on board AOD I, AOD III and West Callisto and the shore base teams that support them.”
The new deal comes shortly after Seadrill landed contracts in the Middle East worth US$404M for West Ariel, West Cressida, and West Leda rigs. The firm term of each contract is three years with the expected start between Q1 and Q3 2023.
The Offshore Support Journal Conference, Asia will be held 19 October 2022.
