Middle EastOffshore

Shelf Drilling clinches another five-year deal in Arabian Gulf

Dubai-headquartered jackup rig operator Shelf Drilling has won a five-year contract for the 1981-built Harvey H Ward for operations in the Arabian Gulf. 

The contract should start in late March next year and comes with a two-year option attached, Shelf Drilling said in a filing with the Oslo Stock Exchange.

The value of the firm period, including mobilisation revenue, is said to be around $192m. Before the campaign, the rig will complete an upgrade and contract preparation project in the United Arab Emirates.

In October, Shelf Drilling also clinched a $236m worth five-year contract for the 2008-built jackup Shelf Drilling Victory in the Middle East.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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