Shelf Drilling jackups receive contract extensions in Thailand

Shelf Drilling secured contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jackups with Chevron Thailand Exploration and Production for operations offshore Thailand. Both extensions are for a firm period of two years. The combined value for the incremental firm term is approximately $197 million. The contract extensions will commence in H2 2025 in direct continuation of the rigs’ current commitments.