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

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Eni Makes Major Gas Discovery Offshore Indonesia

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

ADES Expects Up to 44% Earnings Rise Despite Regional Tensions Impacting Rigs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Eni: New Gas Discoveries in Libya

Current News

Vessel Sector Deep Dive: WTIVs

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

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