Operator capitalising on favourable pricing in rig market
Valeura Energy has taken advantage of the “favourable pricing” in the rig market to secure a drilling unit on a…
The Network
Global Energy Network (GEN) Highlights Over $500 Million in North Sea Rig Market Shifts, Urging Supply Chain to Overhaul Q2 Strategy
ABERDEEN, SCOTLAND – March 23, 2026 – The Global Energy Network (GEN), the rapidly expanding intelligence and media platform for…
International
Shelf Drilling Shareholders Clear Merger with ADES
The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following…
Contracts
Shelf Drilling secures $50m jackup extension from Chevron in West Africa
Oslo-listed jackup rig player Shelf Drilling has won a one-year contract extension for one of its rigs. Cabinda Gulf Oil…
Contracts
Shelf Drilling Announces New Long-Term Contract in Dutch North Sea
Shelf Drilling, Ltd. (Shelf Drilling) announced today that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea”…
International
Shelf Drilling Announces New Long-Term Contract in Dutch North Sea
Shelf Drilling, Ltd. (Shelf Drilling) announced today that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea”…
Contracts
Shelf Drilling bags $50m rig contract extension from Chevron
United Arab Emirates-based jackup rig pure-play Shelf Drilling has secured an extension for one of its rigs. Namely, the 2008-built…
International
40 year old rig back in service
UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has decided to remove its 1982-built jack-up rig from active service, following a…
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