Global and Regional MarketsNewsThe Offshore Frontier

Shelf Drilling secures contract extension for jackup offshore North Sea

Shelf Drilling was awarded a two-well contract extension for the Shelf Drilling Fortress jackup in the North Sea. The firm term of the extension is approximately five months, with a contract value of approximately $18 million. The expected availability of the rig is now June 2024.

The contract also includes options for two additional wells, with a total estimated duration of eight months.

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