Dubai Petroleum Shortens Another Shelf Drilling Rig Contract

OE Staff
Monday, April 6, 2020

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 contract end date for the Shelf Drilling Mentor from January 2022 to October 2020."

The contract - with Dubai Petroleum - for the 2010-built jack-up drilling unit was signed in 2017 and started in early 2018 in the UAE.

As previously reported, a similar agreement was reached in March when the contract, also with Dubai Petroleum, for the Shelf Drilling Tenacious drilling rig was shortened from January 2022 to September 2020.

Apart from contracts with Dubai Petroleum being shortened, ExxonMobil in March informed Shelf it would cut short the contract for the Trident XIV jack-up rig. 

The contract end date for the jack-up rig, which is working for ExxonMobil in Nigeria, has been changed from February 2021 to July 2020.  

Categories: Energy Middle East Drilling Industry News Activity Rigs UAE

Related Stories

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

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

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

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

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