February 12

More time for Shelf Drilling’s jack-up rig off Egypt

0  comments

UAE-headquartered offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs for operations offshore Egypt.

Shelf Drilling revealed on Thursday, 9 February 2023, that it had received a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company (Gempetco) for operations in the Gulf of Suez, offshore Egypt.

Rig 141; Source: Shelf Drilling

While no financial details were disclosed at this point, the UAE-based player did explain that the availability of this rig is now anticipated in February 2024.

The 1982-built Rig 141 is a 250-foot jack-up drilling rig of Marathon LeTourneau 82-SD-C design. It can accommodate up to 100 people.

This contract extension comes after the UAE-based company got another contract extension offshore Eqypt in January 2023 and won a three-year deal with ONGC off India and a contract extension with Chevron’s subsidiary in Angola.

ENB Top News
ENB
Energy Dashboard
ENB Podcast
ENB Substack

The post More time for Shelf Drilling’s jack-up rig off Egypt appeared first on Energy News Beat.

  


Tags


You may also like

10-Year Treasury Yield Rose 100 Basis Points since September as the Fed Cut 100 Basis Points. Why the Historic Divergence?

10-Year Treasury Yield Rose 100 Basis Points since September as the Fed Cut 100 Basis Points. Why the Historic Divergence?

US could buy Nord Stream – Vucic 

US could buy Nord Stream – Vucic