ADNOC Cuts Short Two Shelf Drilling Rig Contracts

January 18, 2021

Compact Driller - Capt. Tony Powell
Compact Driller - Capt. Tony Powell

UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.

Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer had decided to terminate the contracts for the High Island VII and Compact Driller jack-up rigs early.

"The contract end date for both rigs has been updated to August 2021.  The original contract end dates for the High Island VII and Compact Driller were February 2023 and June 2022, respectively.




Current News

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Aker BP Takes Over Lundin Energy's Oil and Gas Business

Aker BP Takes Over Lundin Energy's Oil and Gas Business

Deirdre Michie to Step Down as Offshore Energies UK CEO

Deirdre Michie to Step Down as Offshore Energies UK CEO

Subscribe for OE Digital E‑News

Offshore Engineer Magazine