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The company has secured two rig contracts. (Image source: Adobe Stock)

Shelf Drilling has secured a contract for the Shelf Drilling Mentor and a letter of award for the Shelf Drilling Achiever

While a US$60mn deal for Shelf Drilling Mentor will be covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria, Shelf Drilling Achiever will kick-start a multi-year campaign in October. 

Shelf Drilling has already been proactive in Nigeria since last year., and its Tenacious jack-up rig is currently deployed offshore Angola.

Strong rig market

Anticipating contract execution soon, the company is currently mobilising the Shelf Drilling Achiever rig to West Africa on a dry transport carrier to arrive by September. Concurrently, Shelf Drilling is mobilising the Main Pass IV rig using the same dry transport carrier, and this rig is also expected to commence operations before the end of 2024.

Greg O’Brien, CEO of Shelf Drilling, said, “We are very pleased with these two awards, which build on our leading position in West Africa and demonstrate the strength of this market. These awards further support our decision to mobilise the two rigs from the Middle East, and we are confident that operations for the Main Pass IV will also commence shortly after the rig’s arrival.”