Shelf Drilling jackup extended by Saudi Aramco for three years

Dubai-headquartered Shelf Drilling has secured a three-year contract extension from Saudi Aramco for 1981-built jackup rig High Island V.

The contract is in direct continuation with the rig’s current contract, and will see the rig operating off Saudi Arabia until March 2022.

Shelf Drilling was formed in 2012, acquiring a fleet of 37 rigs and a barge from Transocean. It currently has 38 jackup rigs in its fleet.