Offshore drilling contractor Shelf Drilling has landed a three-year contract for one of its jack-up drilling rigs with Oil and Natural Gas Corporation (ONGC) in India.The Dubai-headquartered shallow water drilling specialist said its J.T. Angel…
Jack-up drilling contractor Shelf Drilling has been awarded a two-year contract extension for its Trident 16 jack-up drilling rig.The Oslo-listed company said the contract extension was with Egypt's Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez offshore Egypt…
UAE-based ADNOC Drilling has taken delivery of the Shelf Drilling Journey jack-up drilling rig from Shelf Drilling, following the sale and purchase deal signed in December 2020.Offshore drilling contractor Shelf Drilling said Thursday that it had on February 24…
Oil firm Masirah Oil has informed that production has kicked off from the second development well drilled in the Yumna Field, in the Block 50, offshore Oman.The well was spudded on December 10, 2020, using the Shelf Drilling Tenacious jack-up rig…
UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer…
Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
Jack-up rig drilling contractor Shelf Drilling has said it has received a suspension notice for one of its jack-up rigs.The Oslo-listed driller said Monday that a customer had sent it a suspension notice for the Main Pass I jack-up drilling unit…
Jack-up drilling contractor Shelf Drilling has canceled a charter deal for two jack-up rigs signed back in February 2019 with China's China Merchants.In February 2019, Shelf Drilling signed a deal to buy two CJ-46 jack-ups from China Merchants…
Jack-up drilling rig contractor Shelf Drilling has reported a sequential drop in quarterly revenue, citing rig utilization levels fall, and decreased day rates due to the COVID-19 pandemic.Revenue was $155.0 million in Q2 2020 compared to $181…
Shelf Drilling has seen another offshore rig contract terminated, this time for a jack-up rig for which it had secured a one-year contract extension in March.Namely, the Dubai-based jack-up drilling contractor in March said it had won a contract extension for the Trident 16 jack-up rig…
Saudi oil giant Saudi Aramco has decided to suspend a contract with Shelf Drilling for the High Island IV jack-up drilling rig.The offshore drilling contractor said Monday it had received a notification from 'a customer' on the suspension of…
Shelf Drilling, one of the world's largest jack-up rig contractors has reduced headcount and executive compensations, as a response to a dire situation in the offshore drilling market caused by low oil prices and the Covid-19 pandemic.The company on Wednesday posted a $184…
Jack-up drilling rig contractor Shelf Drilling has been slapped with another early rig contract termination, its third in the past month.Shelf Drilling on Monday said that it had entered into a mutual agreement with the client 'to amend the…
Jack-up drilling company Shelf Drilling, one of the world's largest jack-up contractors by fleet size, has seen another rig contract cut short in less than a week.After it on Friday said Dubai Petroleum would reduce the length of the Shelf Drilling…
Jack-up rig contractor Shelf Drilling has informed that the contract for its jack-up rig Shelf Drilling Tenacious would be cut short.The company on Thursday said it had entered into a mutual agreement with the customer to amend the contract…
