Shelf Drilling to Buy Aban Offshore's Jack-up Rig for $30M

OE Staff
Saturday, June 18, 2022

Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. 

Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design, and is currently located in the United Arab Emirates. 

"Shelf Drilling plans to fund the acquisition of the premium high-spec jack-up rig with cash on hand. The transaction is subject to customary closing conditions, and the rig is expected to be delivered in July 2022," Shelf Drilling said Thursday.


Categories: Middle East Drilling Industry News Activity Asia Shallow Water Drilling Rigs

Related Stories

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

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

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Borr Drilling Expects Higher Activity as Rigs Return to Work

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

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

Current News

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

Brent Near $114 as Middle East Conflict Continues

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

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

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