Shelf Drilling lands three-year gig in India
- Business & Finance
Offshore drilling contractor Shelf Drilling has received an award for a three-year contract for the Trident II jack-up rig.
The rig owner said on Wednesday that the contract is with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.
The planned start-up of operations is in the first quarter of 2020.
The rig’s previous contract was also with ONGC with a dayrate of $49,000. The contract expired in May 2019. According to Bassoe, the rig’s dayrate for the new contract is $40,000.
The Trident II jack-up rig was built in 1977 and the last upgrade was done in 1985.
Earlier on Wednesday, Shelf Drilling also said it had secured a three-year contract extension for the High Island VII jack-up rig. In addition, earlier this week, Shelf won contract extensions for four of its jack-up drilling rigs.
Offshore Energy Today Staff
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