Shelf Drilling, Ltd. (Shelf Drilling, OSE: SHLF) announced today that it has secured a one-year contract for the Shelf Drilling Tenacious jack-up rig with a wholly-owned subsidiary of Chevron Corporation (Chevron) – Cabinda Gulf Oil Company Limited (CABGOC), for operations offshore Angola.
The contract is expected to commence in January 2022 and includes multiple option periods.
David Mullen, Chief Executive Officer, Shelf Drilling, said: “We are pleased to continue our long-standing partnership with Chevron through this award for the Shelf Drilling Tenacious. The rig will be highly customized for Chevron’s operations in Angola including enhanced offline capabilities similar to our rigs working for Chevron in the Gulf of Thailand. We are excited to continue to build on the success of our operations in Thailand and delivering value to CABGOC in Angola.”
Source: Shelf Drilling