Shelf Drilling, Ltd. (Shelf Drilling, OSE: SHLF) announced today that it has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez offshore Egypt. 

Shelf Drilling Secures Contract Extension On the Trident 16 Jack-Up Rig in Egypt

The Trident 16 has been working with Petrobel in Belayim fields since 2015, and following this extension, the expected availability of the rig is February 2021.

Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. 

Source: Shelf Drilling