Search results for: shelf

19183 results

A list of search results

  • 20 May 2019
    Business & Finance, Exploration & Production

    Oslo-listed offshore driller Shelf Drilling has secured a contract for its newbuild drilling rig Shelf Drilling Achiever.

  • 14 January 2008

    Gas production has increased in 2007. As expected, oil production is somewhat lower than in the previous year. 32 exploration wells were spudded in 2007, up from 26 in 2006. Twelve new discoveries were made, most of which appear to be fairly small. The shelf is characterized by vigorous activity and continued growth in total […]

  • 19 March 2020
    Business & Finance, Exploration & Production

    A contract for the Shelf Drilling-owned jack-up drilling rig operating in the Middle East has been changed to end sooner than previously agreed. 

  • 4 July 2019
    Business & Finance, Exploration & Production

    Shelf Drilling has executed a two-year extension for each of the Shelf Drilling Tenacious and the Shelf Drilling Mentor jack-up rigs. 

  • 14 November 2019
    Business & Finance, Exploration & Production

    Jack-up drilling company Shelf Drilling saw its third quarterly loss widen, however, the CEO is optimistic about upcoming rig contract beginnings.

  • 16 August 2018
    Exploration & Production

    Shelf Drilling, one of the world’s largest jack-up rig owners, has secured a contract for one of its jack-up drilling rigs. 

  • 7 May 2019
    Exploration & Production

    Jack-up rig specialist Shelf Drilling’s board of directors has approved a share issuance in relation to the previously announced agreement with China Merchants for the acquisition of two newbuild offshore rigs.

  • 14 November 2018
    Business & Finance

    Offshore driller Shelf Drilling has elected a new chairman of the company, effective immediately.

  • 9 July 2019
    Exploration & Production

    Jack-up rig firm Shelf Drilling has won a contract extension for one of its rigs operating offshore the UAE.

  • 5 March 2019
    Exploration & Production

    Jack-up rig company Shelf Drilling has revealed new names of the two newbuild jack-ups it has recently agreed to buy in China.

  • 27 April 2017
    Exploration & Production

    Offshore driller Shelf Drilling is set to expand its fleet with three jack-up rigs. The company, one of the world’s largest jack-up rig contractors, has decided to conduct a private placement of new common shares, aiming to raise $250 million, to be used for fleet expansion. Shelf has entered into letters of intent to acquire […]

  • 7 August 2019
    Business & Finance, Exploration & Production

    Shelf Drilling reduced its net loss in the second quarter of 2019 and added $343 million to its contract backlog since the beginning of April 2019.

  • 19 June 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt.

  • 2 July 2014

    Shelf Drilling, Ltd. a shallow water offshore drilling contractor, has decided not to proceed with its announced Initial Public Offering at this time. The company says that this decision has been reached due to challenging public market conditions despite a positive response from prospective investors to the Company, its strategy and operations. The outlook for Shelf […]

  • 28 March 2019
    Business & Finance, Exploration & Production

    Offshore driller Shelf Drilling has secured a three-year contract for one of its jack-up drilling rigs. 

  • 6 April 2020
    Business & Finance, Business developments & projects

    Shelf Drilling has entered into a mutual agreement with a customer to shorten the contract for another one of its jack-up drilling rigs operating in the Middle East, which makes it a third early termination for Shelf in less than a month.

  • 14 May 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Shelf Drilling booked a loss of $185 million in the first quarter of 2020 due to rig impairment charges and is taking actions to reduce costs and preserve liquidity amid challenging market situation.

  • 6 April 2017
    Exploration & Production

    UAE-based offshore rig builder Lamprell has completed and delivered a new jack-up rig to Shelf Drilling, a jack-up rig drilling contractor.  According to Lamprell’s statement on Thursday, the Shelf Drilling Krathong jack-up rig was delivered on schedule and within budget. The rig builder added that the newbuild jack-up would sail within the next few days […]

  • 21 February 2020
    Exploration & Production

    Shelf Drilling has closed a private placement of $80 million of senior secured notes with an intention to use the proceeds to finance activation and upgrade costs for a drilling rig recently acquired from Maersk Drilling. 

  • 15 August 2018
    Exploration & Production

    Shelf Drilling, which describes itself as world’s largest offshore jack-up rig owner, has seen an uptick in jack-up rig utilization this year and expects rig demand to pick-up.

  • 15 May 2019

    Offshore drilling firm Shelf Drilling posted a reduced net loss for the first quarter of the year and is confident of securing further contracts ahead as the drilling industry recovers.

  • 14 November 2018
    Exploration & Production

    Jack-up rig specialist Shelf Drilling expects rig utilization to further increase in 2019, but the CEO has acknowledged the dayrates have yet to pick up.