Shelf Drilling bags three-year extension for jack-up rig

Offshore drilling contractor Shelf Drilling has secured a three-year contract extension for the High Island VII jack-up rig.

For illustration: one of Shelf Drilling’s jack-up rigs; Source: Shelf Drilling

The rig owner said on Wednesday that the extension is in direct continuation of the rig’s current contract for drilling operations in the Arabian Gulf. The contract includes a two-year option period.

Shelf Drilling’s latest fleet status report from August 2019 shows that the High Island VII is currently under contract with ADNOC Drilling. The rig’s previous, six-month extension with ADNOC is set to expire in December 2019. According to an estimate by Bassoe, the rig’s current dayrate is $60,000.

The High Island VII jack-up rig is of a Marathon LeTourneau 82-SD-C design built in 1982. The rig’s last upgrade was in 2016.

Earlier this week, Shelf Drilling has also been awarded contract extensions for four of its jack-up drilling rigs. All four rigs are under contracts with Saudi Aramco in the UAE.

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply