Shelf Drilling Bags Gulf of Thailand Gig

Laxman Pai
Monday, July 8, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.

The contract for the  2008-built  rig is expected to commence in Q1 2020 and run until Q2 2022 and includes a one-year option.

David Mullen, Chief Executive Officer, Shelf Drilling, said: “We are pleased to continue our long-standing partnership with Chevron through this award for the Shelf Drilling Scepter. The high specification jack-up rig has been a significant enhancement to our fleet, and we are thrilled to have secured its maiden contract in a strategically important region."

He added: "This award strengthens our long-term presence in the Gulf of Thailand and demonstrates Shelf Drilling’s success in securing contracts in a very competitive market.”

Shelf Drilling bought the Ocean Scepter jack-up rig, now Shelf Drilling Scepter, from Diamond Offshore for $90 million back in July 2018.

The  international shallow water offshore drilling contractor also announced  that it has executed a two-year extension for each of the Shelf Drilling Tenacious and the Shelf Drilling Mentor in continuation of their existing contracts through priced options exercised by the customer.

Both rigs are now committed until January 2022, it said.

Shelf Drilling has rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean.

Categories: Offshore Energy Drilling Jackup Contract Rig

Related Stories

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Israel Steps Up Mediterranean Gas Search

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com