Shelf Drilling, Ltd. has announced that its subsidiary Shelf Drilling (North Sea), Ltd. (SDNS) has signed a 17-month contract for the Shelf Drilling Winner self-elevating platform with TotalEnergies EP Denmark. This contract, valued at approximately US$68 million for the firm period, also includes two additional options of 7 months each.
Operations are scheduled to begin in March 2025, in continuation of the platform’s current operations in Denmark, and platform availability is expected to extend through August 2026.
Shelf Drilling Winner and its international success
First, Shelf Drilling is a leading international shallow water offshore drilling contractor, operating in regions such as the Middle East, Southeast Asia, India, West Africa, the Mediterranean and the North Sea. Founded in 2012, the company has consolidated its position in the sector thanks to its strategy of adaptation and close relationships with key clients. Shelf Drilling is headquartered in Dubai, United Arab Emirates and is incorporated under the laws of the Cayman Islands. The company is listed on the Oslo Stock Exchange under the ticker “SHLF”.
In second place, Shelf Drilling North Sea specializes in shallow water offshore drilling, operating primarily in the North Sea. Its fleet of modern, high-specification jack-up rigs for harsh environments enables it to offer a wide range of services in the shallow water drilling market. Incorporated under the laws of Bermuda, SDNS shares are listed on the Euronext Growth Oslo Exchange as of October 12, 2022, under the ticker “SDNS”.
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Source: shelfdrilling
Photo: Freepik