Shelf Drilling Wins $18M Extension for North Sea Jack-up Rig

Monday, October 2, 2023

Offshore drilling firm Shelf Drilling has secured a two-well contract extension for the Shelf Drilling Fortress jack-up rig. 

The rig is on a contract with China's CNOOC, operating in the UK North Sea, at the Golden Eagle offshore oil field.

The firm term of the extension announced Monday is about five months, with a contract value of approximately $18 million. 

The expected availability of the rig is now June 2024. The contract includes options for an additional two wells, with a total estimated duration of eight months.

Owned by Shelf Drilling North Sea, a subsidiary of Shelf Drilling, the Shelf Drilling Fortress drilling rig was previously known as Noble Sam Hartley.

In October 2022, Shelf Drilling bought five jack-up drilling rigs Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, from Noble Corporation for $375 million.

Noble Corporation had to sell the five rigs to alleviate competition concerns in the UK in relation to its merger with Maersk Drilling.

Categories: Drilling North Sea Industry News Activity Europe Shallow Water Drilling Rigs

Related Stories

Awilco Drilling Triumphs in Arbitration Battle Against Keppel FELS, Secures $43M Victory

N-Sea Extends Braveheart Spirit Charter to 2025 End

Serica Energy to Acquire Interest in Greater Buchan Area Off UK

Current News

Seatrium Names Adrian Teng CFO

Governments Take Action to Keep Offshore Wind Projects on Track

Iberdrola and Masdar to Invest $16 Billion in Green Energy

Exxon's CEO Sets Ambitious Agenda on Tight Timeline

Subscribe for OE Digital E‑News