Middle EastOffshore

Shelf Drilling sells jackup rig to Adnoc

UAE-based jackup rig operator Shelf Drilling has entered into an agreement to sell its 2019-built jackup rig Shelf Drilling Journey to Adnoc Drilling.

The rig has fetched a price of $77.6m and it is expected to be delivered during the first quarter of 2021.

Following the sale, Shelf Drilling will have a fleet of 35 jackup rigs.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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