Shelf Drilling secures long-term rig contract offshore Nigeria
Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a long-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria.
Shelf Drilling announced on March 9 that it had won a two-year contract for the Shelf Drilling Scepter jack-up rig for operations offshore Nigeria.While the contract value for the firm period, including mobilisation revenue, is approximately $118 million, this deal also entails a one-year option, thus, the contract could be extended. According to the offshore drilling player, the start-up of operations is planned for May 2023.The 2008-built Shelf Drilling Scepter jack-up rig is of a Keppel FELS Super B Class design. It had an upgrade in 2019. This rig is capable of operating in water depths of up to 350 ft and can accommodate 150 people.Shelf Drilling’s was awarded a contract extension in February 2023 for one of its jack-up rigs offshore Egypt.The contract extension came after the UAE-based company got another contract extension offshore Eqypt in January 2023 and won a three-year deal with ONGC off India and a contract extension with Chevron’s subsidiary in Angola.