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Oil & Gas

Shelf Drilling secures jack-up rig contract extension offshore Egypt

shelf drilling
Posted: March 9, 2020 at 2:58 pm   /   by   /   comments (0)

Shelf Drilling 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. 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 gains jack-up extension off Egypt

Petrobel takes Trident 16 for additional year for work on Belayim fields in Gulf of Suez

Dubai-based Shelf Drilling has secured a charter extension for its jack-up Trident 16 with Petrobel for work in the Gulf of Suez off Egypt.

The 1982-built rig, which has been working at the Belayim fields since 2015, will now be tied up until February 2021 following the one-year extension with Petrobel unit Belayim Petroleum.

No value was disclosed for the extended deal.

(Sources: energy-pedia & Upstream Online)

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