Shelf Drilling finds work in West Africa for jackup duo

Oslo-listed jackup rig pure-play Shelf Drilling has won new deals for two of its rigs in West Africa.

The company has secured a contract for the Shelf Drilling Mentor covering 10 wells for an estimated 450 days in direct continuation of the rig’s current campaign in Nigeria with a contract value of $60m.

Shelf Drilling also secured a letter of award for the Shelf Drilling Achiever for a multi-year campaign scheduled to begin in October 2024. The company expects to execute a contract for this program in the very near term.

The rig is currently being mobilized to West Africa on a dry transport carrier and is expected to arrive before the end of September 2024.

Concurrently, Shelf Drilling is mobilizing the Main Pass IV rig using the same dry transport carrier. It is also expected to begin operations before the end of 2024.

“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 mobilize the two rigs from the Middle East,” said Greg O’Brien, CEO of Shelf Drilling.