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Shelf Drilling Wins 3 Years Contract Extension for High Island V

Shelf Drilling, Ltd. (Shelf Drilling or SHLF) announced that it has secured a three-year contract extension for the High Island V jack-up rig in direct continuation of its current contract in the Arabian Gulf.

 

Following this extension, the expected availability of the rig is May 2025.

 

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The Gulf’s projects market has rebounded strongly and is pushing ahead with new opportunities. The Projects Databank from TEI presents a comprehensive update of over $350 billion-plus energy sector projects in GCC, Iraq and Iran.

 

TEI Projects is the invaluable resource for decision-makers in the energy industry.

 

For more information, please send mail to fdesk@theenergyinfo.com

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