AOD jack-up wins three-year extension in Middle East

first_imgAsia Offshore Drilling Limited (AOD) has secured a three-year contract extension for a jack-up drilling rig in the Middle East. AOD owns three jack-up drilling rigs, AOD I, AOD II, and AOD III.An affiliate of offshore driller Seadrill Limited owns a 66.24 percent equity in AOD and the remaining 33.76 percent equity stake is held by services company Mermaid Maritime.Mermaid informed on Monday that the contract extension was awarded to AOD I jack-up drilling rig, serving a client in the Middle East until June 2022.This extension will be in direct continuation to the current contract which is scheduled to expire by end of June 2019 and will add approximately $80 million in contract backlog to AOD. According to data on Bassoe Analytics, the rig’s dayrate under the new extension is estimated to be around $75,000.The jack-up unit has been working for Saudi Aramco since 2013. The previous three-year extension for the AOD I jack-up was agreed in July 2016.The rig is of a Keppel’s “B” Class Independent Leg Cantilever design built by Keppel FELS.last_img read more

The Latest: No fans in stadium for first 2 Vikings games

first_img Associated Press August 25, 2020 The Latest: No fans in stadium for first 2 Vikings games Tennessee will be selling tickets for approximately 25% of the seats at Neyland Stadium for this season.The stadium has a capacity of 102,455, counting everybody in the building, which could mean around 25,000 fansThe Volunteers’ first home game is Oct. 3 against Missouri and university officials say restrictions could change during the season based on statewide virus data and recommendations from public health officials. Tennessee asked fans statewide to wear masks in public.Athletic director Phillip Fulmer says he empathizes with the thousands of fans who won’t get to go to games in Neyland this fall. Fulmer says the circumstances are beyond the control of Tennessee officials and they will do their best to create the safest environment both inside and outside the stadium.Current students and active donors to the Tennessee Fund with season tickets get top priority for tickets and season tickets will be offered based on annual amount given and the order to the Tennessee Fund. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The Minnesota Vikings will play at least their first two home games without fans in attendance. With current Minnesota Department of Health guidelines specifying an indoor venue capacity of 250 people, officials from the Vikings, the state, U.S. Bank Stadium, the NFL and the city of Minneapolis were unable to establish a prudent way to open the gates to the public for now.The Vikings will host Green Bay on Sept. 13 and Tennessee on Sept. 27 with the 66,000 seats empty. Over the ensuing five weeks, Minnesota plays at home only once, on Oct. 18 against Atlanta.In a statement, the Vikings said: “We have sought to balance the opportunity to provide fan access with the responsibility to adhere to public health and medical guidance in order to maintain the health and safety of fans, players, staff members and the broader community. Ultimately, public health is our top priority.”NFC North rivals Green Bay and Detroit have announced their first two home games will be played without fans. Chicago also will start the season without spectators but has not specified for how many games.___ The original prices for season tickets will not change with Tennessee set to host five Southeastern Conference opponents for the first time since 1959.Students can start requesting tickets issued on a game-by-game basis Sept. 23.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sportslast_img read more