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Shelf Drilling Has Clinched a Contract for The Shelf Drilling Scepter Jack-Up Rig with Chevron Thailand Exploration

Dubai headquartered offshore drilling contractor Shelf Drilling has clinched a contract for the Shelf Drilling Scepter jack-up rig with “Chevron Thailand Exploration”. Moreover, Production for operations within the Gulf of Thailand.

The contract for the 2008-constructed rig is predicted to start in Q1 2020 and run until Q2 2022 and includes a one-year option.

David Mullen, Chief Executive Officer, Shelf Drilling, mentioned: “We’re happy to proceed our long-standing partnership with Chevron employing this award for the Shelf Drilling Scepter. The excessive specification jack-up rig has been a significant enhancement to our fleet, and we’re thrilled to have secured its first contract in a strategically important area.”

He added: This allot strengthens our long-term presence within the Gulf of Thailand and demonstrates Shelf Drilling’s success in securing contracts in an aggressive market.

Shelf Drilling acquired the Ocean Scepter jack-up rig, now Shelf Drilling Scepter – from Diamond Offshore for $90 million again in July 2018.

The worldwide shallow-water offshore drilling contractor additionally introduced that it has executed a two-year extension for every of the Shelf Drilling Tenacious and the Shelf Drilling Mentor in continuation of their current contracts by means of priced options exercised by the customer.

Each rig at the moment are dedicated till January 2022, it stated.

Shelf Drilling has rig operations throughout the Middle East, Southeast Asia, India, West Africa, and the Mediterranean.

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Heather Freeman

Heather leads the Crude Oil Column. Her team comprises of four associates, along with them, Heather takes care of the stories written under the column. She has a vast knowledge of oil refiners across the globe, machinery used, current trade developments, the US’ alliance with oil-rich countries, and a lot. Heather is a Finance degree holder from New York University.

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