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

Yinson Production Raises $1.46B to Refinance Agogo FPSO

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Qatar-Linked LNG Tankers Resume Hormuz Transits

SLB Secures Aramco Well Construction Work for 450 Wells

ONGC Strikes Gas in Deepwater Well off India

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

Oil Goes Down 2% as Saudi Supply Concerns Recede

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Current News

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

KBR to Support Aramco’s Marjan Offshore Field Upgrade

Oil Industry Braces for Years of Market Disruption

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Iran Set to Keep Hormuz Shut Until Seven Demands Are Met

LNG Flows Through Hormuz Hit Seven-Month High

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