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Shelf Drilling wins $54m jackup deal in UK North Sea

Oslo-listed jackup rig pure-play Shelf Drilling has won a deal for one of its rigs with an unnamed operator in the UK.

The offshore driller won a contract for its Shelf Drilling Fortress jackup for operations in the UK Continental Shelf.

According to the company, the estimated duration of the contract is 400 days with a contract value of approximately $54m. The planned start-up of operations is August 2024 in direct continuation of the rig’s current contract.

Since it was said that the deal would be a direct continuation of the current deal, it is worth saying that the rig is currently working with CNOOC and its deal is supposed to end in June 2024. The jackup – formerly known as the Noble Sam Hartley – won the initial deal with the company back in August last year.

The two-well deal on the Golden Eagle platform in the UK Central North Sea had options for additional wells with a total estimated duration of 13 months. It was extended in October for two more wells with another two remaining as options.

About a month ago, Shelf Drilling received a notice of suspension of operations from Saudi Aramco for four of nine rigs contracted to the Saudi giant.

Bojan Lepic

Bojan is an English language professor turned journalist with years of experience covering the energy industry with a focus on the oil, gas, and LNG industries as well as reporting on the rise of the energy transition. Previously, he had written for Navingo media group titles including Offshore Energy Today and LNG World News. Before joining Splash, Bojan worked as an editor for Rigzone online magazine.
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