UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer…
Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
Jack-up rig drilling contractor Shelf Drilling has said it has received a suspension notice for one of its jack-up rigs.The Oslo-listed driller said Monday that a customer had sent it a suspension notice for the Main Pass I jack-up drilling unit…
Jack-up drilling contractor Shelf Drilling has canceled a charter deal for two jack-up rigs signed back in February 2019 with China's China Merchants.In February 2019, Shelf Drilling signed a deal to buy two CJ-46 jack-ups from China Merchants…
Jack-up drilling rig contractor Shelf Drilling has reported a sequential drop in quarterly revenue, citing rig utilization levels fall, and decreased day rates due to the COVID-19 pandemic.Revenue was $155.0 million in Q2 2020 compared to $181…
Shelf Drilling has seen another offshore rig contract terminated, this time for a jack-up rig for which it had secured a one-year contract extension in March.Namely, the Dubai-based jack-up drilling contractor in March said it had won a contract extension for the Trident 16 jack-up rig…
Saudi oil giant Saudi Aramco has decided to suspend a contract with Shelf Drilling for the High Island IV jack-up drilling rig.The offshore drilling contractor said Monday it had received a notification from 'a customer' on the suspension of…
Shelf Drilling, one of the world's largest jack-up rig contractors has reduced headcount and executive compensations, as a response to a dire situation in the offshore drilling market caused by low oil prices and the Covid-19 pandemic.The company on Wednesday posted a $184…
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…
Jack-up rig contractor Shelf Drilling has informed that the contract for its jack-up rig Shelf Drilling Tenacious would be cut short.The company on Thursday said it had entered into a mutual agreement with the customer to amend the contract…
The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…
Dubai-based offshore drilling firm Shelf Drilling has completed the purchase of the jack-up drilling rig Maersk Completer from Maersk Drilling. The rig, which has now been renamed, has been stacked in Singapore since 2017. The two companies…
Shallow water drilling services provider Shelf Drilling has announced a one-year extension on its 1982-built BMC 300-1C Trident XIV jack-up rig in continuation of its current assignment offshore Nigeria.The rig was contracted to ExxonMobil for…
Dubai-headquartered offshore driller Shelf Drilling has secured a one-year extension to the jackup Trident XIV's current workover operations contract offshore Nigeria.According to the rig owner, the extension is in direct continuation of the rig’s current contract for workover operations…
Shelf Drilling, the international shallow water offshore drilling contractor, announced that it has secured contract extensions for four of its jack-up drilling rigs.The drilling contractor with rig operations across Middle East, Southeast Asia…
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