Shelf drilling rigs in india. Q3 2023 adjusted EBITDA of $114.

DUBAI, UAE — ONGC has contracted Shelf Drilling’s jackup F. We are incorporated under the laws of the Cayman Islands with Management headquartered in Dubai with rig operations across Southeast Asia, India, West Africa, North Sea and MENAM (Middle East, North Africa & Mediterranean). Dubai - HQ. West Africa rigs. When it comes to Shelf Drilling’s most recent activities, it is worth noting that the UAE-based firm inked a deal with India’s Aban Offshore earlier this month to buy another jack-up drilling rig. May 6, 2021 · Published 5 May 2021, 22:18. The three-year Jul 29, 2022 · Shelf Drilling revealed on Thursday that it had received an award for a three-year contract for the C. India’s state-controlled Oil & Natural Gas Corporation (ONGC) has set the tender ball rolling for charter hiring up to four offshore rigs across two separate Sep 14, 2022 · Shelf Drilling is Market Leader in Core Jack-up Regions Note (1): Pro forma for acquisition of 5 rigs from Noble expected to close in October 2022 Note (2): Number (#) represents Shelf Drilling’s operating position – based on number of active jack-up drilling rigs excluding those of state-owned companies, source: IHS Petrodata as of 18 June In addition to our proven rig asset base currently drilling in 11 countries, Shelf Drilling will have approximately 3,500 employees. f four jack-up rigs from a customer in the Middle East. The MENA region is forecast to grow the most, both up to 2025 and 2030, with a 2020-2025 CAGR of +12% and a 2020-2030 CAGR of +5%. Commentary. completed the purchase of the “premium high-spec” jack-up rig. Mud Pumps Three (3) National 12-P-160 triplex pumps 1,600 HP, each driven by two (2) 1,000 HP Jul 29, 2022 · Rig rates for ONGC charter contracts have been moving northwards in the past few months, with the most recent Shelf charter contract likely to command a dayrate ranging between $40,000 to $50,000 Dec 22, 2022 · Shelf Drilling has received a three-year contract award for both the Compact Driller and Key Singapore jackups with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. • Achieved a record 83-day turnaround for rig preparation during monsoon at Vedanta's Dwarka location, Mar 4, 2024 · SA Transcripts. F +91 22 4533 3300. 6 billion with 35 of 36 rigs under contract representing a marketed utilization of 97%. November 2021. Shelf Drilling is a provider of shallow water drilling services to the global oil and gas industry. The Shelf Drilling | ٨٣٬٨٨٣ من المتابعين على LinkedIn. Shelf Drilling also disclosed that the rig has been renamed Shelf Drilling Victory. Shelf Drilling, Ltd. 05. Shelf Drilling Barsk secured extension for 2 firm wells and 3 optional wells at the Gudrun field in Norway with Equinor ahead of its contract commencement expected to occur in May 2024. Dec 1, 2022 · In an update last week, Icon Offshore confirmed that the sale of this rig to ADES was completed on 22 November 2022 for the previously disclosed sum of $85 million. Related Third Quarter Results. It has been Aug 3, 2022 · Most recently, the company completed the sale of the Deep Driller 6 rig to ADES. Contact Us GENERAL CONTACTS. Shelf Drilling Mentor secured a short-term contract with Mercuria for operations offshore Congo with commencement expected in January 2022. Shelf Drilling Announces Closing of Sale of Shelf Drilling Journey Jack-up Rig. #3. Apr 23, 2021 · April 23, 2021. The rig is a Baker Marine Pacific Class 375 design. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. North Sea. In a stock exchange filing last Friday, Aban Offshore said it had sold its jack-up rig Deep Driller 8 for about $28 million. The Company is in active discussions with the customer to Shelf Drilling Achiever GustoMSC CJ46-X100-D 350 Saudi Aramco Saudi Arabia Dec 2019 Dec 2022 Customer has a 1-year option. The rig is currently under contract with ONGC with a scheduled Shelf Drilling website. and its licensors, or are the property of their respective owners. Contact. T +971 4 567 3400. If you have an enquiry regarding Shelf Drilling services please contact us at info@shelfdrilling. The rigs C. Thornton. logo, and the names and logos of products and services described in this Website are either trademarks, trade names, or service marks of Shelf Drilling Holdings Ltd. Shelf Drilling also said it has terminated agreements with affiliates of China Merchants for a bareboat charter of two CJ-46 jack-up rigs. – Five total rig years added across three standard jack-up rigs in India and Egypt (Trident II, Trident 16 and Rig 141) for a total backlog addition of $111 million. Under the three-year contract, the Trident XII drilling rig will be used by ONGC for drilling operations in the Mumbai High area, offshore India's west coast. Our vision is to be the international jack-up contractor of Shelf Drilling fleet consists of 36 jack-up rigs. Nov 30, 2012 · 30 November 2012. Revenues were $166. understand how Shelf Drilling is positioned to manage the risks and opportunities associated with climate change. 4%) sequential increase in revenues was primarily due to higher effective utilization. PRESS RELEASESHELF DRILLING ANNOUNCES CONTRACTS UPDATEDubai, April 1, 2024 – Shelf Drilling, Ltd. <br>Environment: HP-HT, Salt, H2S. McClintock jack-up rig; Source: Shelf Drilling. Our Fleet. 6 million (10. The program in the Mumbai High, offshore India, is due to start in 4Q 2021. Key Singapore. Nov 9, 2023 · As of 30 September 2023, Shelf Drilling contracted backlog was $2. com. Box 212201, Dubai, United Arab Emirates Shelf Drilling is Market Leader in Core Jack-up Regions Note (1): Number (#) represents Shelf Drilling’s operating position –based on number of active jack-up drilling rigs excluding those of state-owned companies, source: IHS Petrodata as of 10 October 2022. Key Manhattan completed suspension period Jul 14, 2022 · The deal was first announced in June, when Shelf said it would buy the 2008-built jack-up rig for $30 million. It was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close working relationship with industry-leading clients, it said in the Shelf Drilling, on 23 June 2022 at 16:31 CEST. Shelf Drilling Mentor 1 & Shelf Drilling Tenacious 1 • Two-year contract secured with Dubai Petroleum for each rig • Each contract includes two one-year options • Start-up of operations in January 2018 • Opportunity further strengthens our market leading position in the Middle East region Shelf Drilling Resourceful May 23, 2022 · Shelf Drilling has received an award for a three-year contract for the FG McClintock jackup with OGNC for operations in Mumbai High, offshore India. GustoMSC CJ46-X100-D 350 Saudi Aramco Saudi Arabia Dec 2019 Dec 2025 Secured 3-year extension. Jun 2023 - Present 1 year 2 months. In an update on Wednesday, the UAE player confirmed that its wholly-owned subsidiary had. Shelf Drilling Aug 5, 2019 · Published on : 05 Aug 2019, 5:07 am. Shelf Drilling fleet consists of 36 jack-up rigs. continuous torque 49,000 ft. The Company is 100% owned by Shelf Drilling Intermediate, Ltd. As of 31 March 2023, Shelf Drilling contracted backlog was $2. The list of rigs acquired by Shelf Drilling is provided as Appendix A. ONGC has awarded Shelf Drilling a three-year contract for the jackup J. May 15, 2023 · Recent Events. 5 million metres, varying in depth from 1,000 – 5,000 metres, have been drilled in various surface and sub-surface environments, including high Shelf Drilling fleet consists of 36 jack-up rigs. Q3 2023 adjusted EBITDA of $114. The sale of the Trident XIV rig was completed in August 2020. Shelf has 4 rigs in Nigeria. Shelf Drilling is a leading contractor of jack-up rigs. New contract is expected to commence September 2023. E. Shelf Drilling has received an award for a three-year contract for the F. Shelf Drilling said on Monday, without disclosing the value of the contract, that the 1983-built rig will start with ONGC in the first quarter of 2022. • Currently handling ONGC as a client and managing Jackup Rig -Key Singapore, a 1982 built MLT 116C. Shelf Drilling is a leading offshore drilling contractor, headquartered in Dubai with rig operations across four core operating regions – Southeast Asia, India, West Africa and MENAM (Middle East, North Africa & Mediterranean). Its team, with decades of experience, seeks to provide the safest and the Nov 13, 2020 · The Shelf Drilling Mentor rig completed a contract with Dubai Petroleum in October 2020 and it is now available. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced today that it has received a notice of suspension of operations. McClintock will operate in the Mumbai High field offshore India under the contract. Our strategy is to maintain a sole focus on Dec 5, 2022 · The 12 jack-up oil drilling rig tender - the largest floated by India’s biggest oil explorer in recent years – fetched offers for ten rigs, an indication of the shrinking supply of rigs in the market as crude prices remain at a level that makes it profitable to drill. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for- About Shelf Drilling Shelf Drilling is a leading international shallow water offshore contractor providing services and equipment for the drilling, completion, maintenance and decommissioning of oil and natural gas wells and with rig operations across the Middle East, North Africa and the Mediterranean, Southeast Asia, India and West Africa. The planned start-up of operations is in the first quarter of 2023, Shelf Drilling said on Friday. Main Street, Hiranandani Gardens, Powai, Mumbai 400 076. Dec 31, 2016 · geographically close to its operations in the Middle East, South East Asia, India, West Africa and the Mediterranean. (“SDIL”) and is indirectly owned by Shelf Drilling, Ltd. Shelf Drilling Overview Shelf Drilling is the World’s Largest Jack-up Contractor Company Overview Key Milestones Fleet Size 39 shallow water drilling rigs 38 ILC jack-ups and 1 swamp barge Nov Shelf Drilling’s initial fleet acquisition 2012 Dec Operating independence 2013 May 10 rig-years contract with Chevron for 2 newbuilds 2014 Shelf Drilling Resourceful LT Super 116 C 350 Conoil Nigeria Apr 2021 Apr 2022 Customer has a 1-year option. Operations are planned to start up in Q1 2023. OIL currently owns and operates 11 drilling rigs and 11 work-over rigs, besides charter hiring drilling rigs based on operational requirement. For further information and enquiries on our rigs and their availability, please email marketing@shelfdrilling. 2 billion with 35 of 36 rigs under contract representing a marketed utilization of 97%. Shelf Drilling Barsk secured a two-well firm contract plus two optional wells with Equinor in Norway. (SHLLF) stock. Page 1 Jul 12, 2024 · Shelf Drilling Awarded New Contract in India with ONGC. David Mullen – Chief Executive Officer Shelf Drilling is a leading international shallow water offshore jackup rig operator engaged in the drilling and completion of offshore oil and gas wells. Jun 15, 2022 · India’s offshore drilling contractor Aban Offshore has sold one of its jack-up drilling rigs to UAE’s ADNOC Drilling. India rigs. Jun 6, 2024 · Petrobel extends Shelf jackup stay offshore Egypt. • Shelf Drilling Scepter secured a short-term contract with Cuu Long JOC (CLJOC) in Vietnam, expected to commence in July 2022. <br>Well: Vertical, Directional, ERD and Multilateral in Wild cat, Exploratory, Appraisal and Development. Largest international “pure-play” jack-up drilling company with 361 ILC jack-up rigs. ", the Shelf Drilling Holdings Ltd. <br>Customer: Saudi Aramco Apr 23, 2021 · Published 23 April 2021, 01:35. 30, 2012 /PRNewswire/ -- Shelf Drilling Holdings Ltd ('Shelf Drilling'), a newly-formed focused provider of shallow water drilling services in Jan 28, 2019 · Offshore contractor Greatship secured work Greatdrill Chitra jack-up, and Shelf Drilling, as we reported last week, secured work for Ron Tappmeyer jack-up. Bareboat charters scheduled to commence in August 2019. 5 billion across 34 contracted rigs as of 30 September, Shelf Drilling remained relatively strong over the past fiscal quarter. Rig 141 secured a short-term contract each with SROCO and Gempetco in Egypt. 147. Shelf Drilling is headquartered in Dubai, UAE and currently conducts drilling operations in the Southeast Asia, Middle East, India, West Africa and North Africa / Mediterranean markets with a About Us Company Overview. ( OTCPK:SHLLF) Q4 2023 Earnings Conference Call March 4, 2024 9:00 AM ET. Per Bassoe Data, all the rigs have been hired on three-year contracts. High Island II MLT 82-SD-C 270 Saudi Aramco4 Saudi Arabia Mar 2020 Mar 2030 Planned OOS in Q1/Q2 2021. Shelf Drilling is a leading provider of jack-up contract drilling services with our rigs in operations across four core regions – MENAM, Southeast Asia, India and West Africa. Jul 29, 2022. The 1982-built shallow water drilling rig of the BMC 300 IC design is expected to start operating for ONGC in the fourth quarter of 2021. Global E&P offshore capex is forecast to grow by 7% per year from 2020 to 2025. The company is actively working on expanding its fleet of offshore rigs. May 20, 2022 · F. As a result, the drilling player is currently engaged in talks with its customer to determine which rigs will be suspended and the exact timing of the Jan 29, 2024 · Published 28 January 2024, 18:30. The jackup J. For Rig Fleet specifications Click Here ! Dynamic Drilling, Dynamic Drilling & Services, Offshore Drilling in India, Offshore Drilling Contractor. Deep Driller 8 rig; Source: Keppel O&M. 04/23/2021. F +971 4 567 3401. ("SDNS"). Operations should start in first-quarter 2023. Photo: Shelf Drilling. Shelf Drilling Scepter completed short-term contract with Cuu Long JOC (CLJOC) in Vietnam in August and has been demobilized to Singapore. 8 million, representing an adjusted EBITDA margin of 43%, including $1. Jan. Nov 30, 2012 · ZUG, SWITZERLAND-Transocean Ltd. 12 rig-years of backlog added with ONGC India across 4 rigs from April to Nov The words "Shelf Drilling Holdings Ltd. McClintock for a three-year program in the Mumbai High offshore western India. Apr 2, 2024 · A notice of suspension of operations for four jack-up rigs, which Shelf Drilling has received from an undisclosed operator in the Middle East, does not reveal the names of the affected rigs. Jul 13, 2022 · It can accommodate 120 people. It operates in shallow water regions in the Middle East, North Africa and Mediterranean, Southeast Asia, India, and West Africa. 05 billion acquisition of 37 jackup drilling rigs, one swamp barge, and associated operations from Transocean Ltd (NYSE:RIG). India. Angel jack-up has been hired for operations in the Mumbai High, in the Arabian Sea offshore India. 4 million adjusted EBITDA from SDNS. Status : Operating. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be Rig Manager. Fit-for-purpose operations with sole focus on shallow water. A high-level overview of Shelf Drilling, Ltd. Rig availability. Full addresses →. Shelf Drilling operating footprint: 1. Our vision is to be the international jack-up contractor of choice | Shelf Drilling is a leading offshore drilling contractor, headquartered in Dubai with rig operations across the Middle East, Southeast Asia, India, West Africa, Mediterranean and the North Sea. . Kurt Hoffman is Chief Operating Officer of Shelf Drilling. Over 1,000 wells covering over 3. United Arab Emirates-based rig owner Shelf Drilling has landed an offshore jack-up charter deal from India’s Oil & Natural Gas Corporation (ONGC). Customer has multiple options. 3 million in Q3 2022 compared to $150. 8 billion with 34 of 36 rigs under contract representing a marketed utilization of 94%. Dubai based jackup operator Shelf Drilling has been awarded a three-year contract for with India's Oil and Natural Gas Corporation for work on the Mumbai High. 5 billion with 34 of 36 rigs under contract representing a marketed utilization of 94%. Design : MLT 116-C. Sep 22, 2021 · Oslo-listed Shelf Drilling has won a new jack-up rig contract from Oil & Natural Gas Corporation (ONGC) for operations in the Mumbai High region, offshore India. At investment, its fleet consists of 37 jackup rigs and one swamp barge operating in the Middle East, Southeast Asia, India, West Africa, and the Mediterranean. Sep 20, 2021 · Dubai-headquartered offshore driller Shelf Drilling has been awarded a three-year contract by Oil and Natural Gas Corporation (ONGC) for the jackup rig Parameswara in Mumbai High, offshore India. MENAM rigs. • Key Singapore secured an additional 6-month firm contract plus option to extend with Cairn India. ~Shelf Drilling or the Company, OSE: SHLF concerning the agreement by its subsidiary Shelf Drilling ~North Sea, Ltd. Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. As of 30 June 2023, Shelf Drilling contracted backlog was $2. The Acquisition includes the rigs Noble Hans Deul Page Content. Aug 2, 2022 · India’s state-controlled Oil & Natural Gas Corporation (ONGC) has started the chase to charter up to 12 jack-up rigs across multiple categories, as it moves to secure long-term drilling capacity About Shelf Drilling Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. DUBAI, UAE – ONGC has awarded Shelf Drilling a three-year contract for the jackup J. Shelf Drilling is an offshore drilling contractor, headquartered in Dubai with rig operations across Southeast Asia, India, West Africa Third Quarter Highlights. Sale of Trident 15, Galveston Key and Key Hawaii completed in April 2021. Youngest Rig manger in the Global fleet of Shelf Drilling. Note (2): Houston Colbert recently mobilized to the Middle East 10/2023. Our strategy is to maintain a sole focus on shallow water drilling services and leverage decades of industry experience and an outstanding track-record Head of Operations - Shelf Drilling · Associated with various type:<br>Rigs: Land, Jack up (Shallow water), Semis (Mid water) and Drill Ship (Deep water and Ultra Deep water). Thornton jack-up rig, with planned start-up of operations is Q2 2023. Water Depth : 328 feet. O. 10, 2023. Shelf Drilling Resourceful commenced a one-year contract with Conoil in West Africa in April 2021. 65%2 of our business is conducted on fields with existing platforms and VICTORY DRILLER. May 20, 2022 · ONGC has contracted Shelf Drilling’s F. Shelf Drilling Journey GustoMSC CJ46-X100-D 350 Sold - - - Rig sale completed in Feb 2021. Thornton jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in Mumbai High, offshore India. Q3 2023 adjusted revenues of $264. Shelf Drilling Holdings Ltd (‘Shelf Drilling’), a newly-formed focused provider of shallow water drilling services in Asia, Africa and the Middle East, announces the closing of its $1. Jul 29, 2022 · Shelf Drilling Lands ONGC Work. GEORGE TOWN, Grand Cayman, Nov. CEO David Mullen said as much in the company’s 9 November Q3 2023 earnings call, noting various new contract commencements and improving dayrates. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close May 5, 2021 · The contract is with the Indian oil company ONGC. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Shelf Drilling is headquartered in Dubai with locations in Southeast Asia, India, West Africa, Egypt, Saudi Arabia and Italy. For further information, please contact: investor. According to the Shelf’s most recent fleet status report, dated 12 May, the rig has been under contract with ONGC since October 2019, working under May 1, 2017 · Shelf Drilling claims to be the world’s largest independent leg cantilever (ILC) jackup fleet contractor, with 36 ILC jackups and one swamp barge. Shelf Drilling Fortress secured a two-well firm contract plus four optional wells with CNOOC in the UK. About Shelf Drilling Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa, Mediterranean and North Sea. Mumbai, Maharashtra, India. Ltd. The contract is for the C. Our strategy is to maintain a sole focus on shallow water drilling services and leverage Jan 6, 2020 · Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. The transaction is expected to be completed at the end of Nov 9, 2023 · With a backlog of $2. G. The company's fit-for-purpose strategy and fleet of modern high-specification harsh environment jack-up rigs enable it to offer a broad range of services in the shallow water drilling markets. Upon completion of the transaction, Shelf Drilling’s premium jack-up rig count will increase from 9 units to 13 units. Recent Events. • Rig 141 secured a 6-month firm contract with additional 6-month option period with PetroGulf. McClintock jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in Mumbai High, offshore India. Top Drive National PS2-650/750 Power Swivel with 750 ST hoisting and 650 short tons drilling capacities, max. DOWNLOAD 105 KB. 23 Feb 21. Apr 23, 2021 · The Dubai-headquartered shallow water drilling specialist said its J. Offshore staff. Effective utilization increased to 85% in Q3 2022 from 78% in Q2 2022 as one rig in India, one rig in Saudi Arabia and two rigs in Jul 29, 2022 · Shelf Drilling has offshore drilling contracts with rig operations across the Middle East, Southeast Asia, India, West Africa and the Mediterranean. #1. Indian state-owned Oil & Natural Gas Corporation (ONGC) has lined up United Arab Emirates-based Shelf Drilling’s jack-up Trident XII for a drilling campaign on its Nov 30, 2012 · Share this article. Shelf Drilling Tenacious completed contract with Masirah Oil in Oman in April 2021. Angel. UAE-based Shelf Drilling has received an award for a three-year contract for each of two jack-up rigs with India's Oil and Natural Gas Corporation (ONGC). Exclusively in shallow water areas which represent approximately 18%1 of the world’s total liquids production 2. 1 million adjusted revenues from Shelf Drilling (North Sea), Ltd. New contract is expected to commence between May to July 2024. C. The planned start-up of operations for both contracts is Q2 2023. Thornton (pictured) and F. The contract was awarded to the 1978-built Ron Tappmeyer jack-up rig, Shelf informed on Tuesday. Contract duration is for one firm well plus optional wells. Top tier safety and operational performance. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close Expected completion of two-rig acquisition is in second quarter of 2019 and the rigs will be renamed as the Shelf Drilling Achiever and the Shelf Drilling Journey. E. ~SDNS or Shelf Drilling North Sea ) to acquire five jack-up rigs from various subsidiaries ~Sellers _ of Noble Corporation ~Noble for USD 375 million ~the Acquisition . (“SDL”), the ultimate parent company. About Shelf Drilling Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. We are an ISO 9001:2015 certified company having wide global presence with world class quality products and services which provide most affordable and reliable Jun 24, 2022 · Shelf Drilling expects the closing of this acquisition in September 2022. Belayim Petroleum (Petrobel) has extended its current contract with Shelf Drilling for the Trident 16 jackup in the Gulf of Suez offshore Egypt. Company Participants. Globally, crude oil is trading at about $88 a barrel. lbs in low gear. Rig 141 secured a four-month extension with Gempetco Egypt, rig is now contracted until October 2021. South East Asia rigs. McClintock jackup rig for a three-year program in the Mumbai High offshore western India. Angel is of a Friede & Goldman L-780 Model II design built in 1982. The 2014-built Perisai Pacific 101 high-specification jack-up rig can operate in a water depth of 400 feet and has a drilling depth capability of 30,000 feet. Shelf Drilling North Sea is a shallow water offshore drilling contractor primarily operating in the North Sea. Shelf Drilling Mentor commenced contract with an undisclosed operator in Nigeria in July 2022. When it comes to recent drilling contracts awarded by ONGC to other drilling contractors, it is worth noting that the Indian giant handed out a three-year deal to UAE-headquartered Shelf Drilling in late July for a jack-up rig, which is expected to carry out Company Overview. The 300-foot jack-up rig J. relations@shelfdrilling. T. Apart from Shelf Drilling’s Ron Tappmeyer rig, which has reportedly secured a dayrate of $27,000, all other rigs have KLR Universal, the best Water Well Drilling Rigs Manufacturers of India also Manufacturer Drilling Accessories like DTH Hammers, Cluster Hammers, Rock Roller Bits and API Drill Rods. 2 million, a 25% sequential increase compared to Q2 2023, including $32. Contact us. The capex spend is expected to peak in 2025 with a slight decline thereafter. Purchase of 5 rigs in the North Sea2. Shelf Drilling Fortress secured a 2-well contract extension in the UK North Sea; rig is now firm until June 2024 with additional remaining option wells thereafter. SHELF DRILLING DUBAI HEADQUARTERS MANAGEMENT One JLT, Floor 12, Jumeirah Lakes Towers, P. T +91 22 4533 3333. The $15. – Shelf Drilling Scepter awarded a two-year contract in Nigeria expected to commence in May 2023 for total contract value of $118 million including mobilization revenue. The planned start-up of operations is the fourth quarter of 2021. G. Shelf Drilling Tenacious BMC Pacific 375 375 OOS CABGOC UAE Angola Jun 2021 Jan 2022 Jan 2022 Jan 2023 Contract preparation project. Prior to joining Shelf Drilling, Kurt was Senior Vice President and Chief Operating Officer of Seahawk Drilling, a Houston and Gulf of Mexico-based jack-up drilling provider where he was responsible for the company’s daily operations and strategic business plan implementation. ABOUT SHELF DRILLING Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. Shelf Drilling Mentor LT Super 116 E 350 OOS Mercuria UAE Congo As of 31 March 2024, Shelf Drilling contracted backlog was $2. Strategy underpins our commitment to sustainability. 7 million in Q2 2022. (NYSE: RIG) (SIX: RIGN) announced today that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling Holdings, Ltd. 48K Follower s. Nov 24, 2021 · Offshore drilling contractor Shelf Drilling has received an award for a three-year contract with Oil and Natural Gas Corporation (ONGC) for offshore operations in Indian waters. ("Shelf Drilling"). Pipe Handling Hawk-jaw M100K-2GSR for tubular OD 4" to 9-1/2"; Spin Master 90HYD spinning wrench. yu fs bd vn hb ia zr dr rk gy