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03 AUG 2026 MONDAY
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Dubai-based jackup rig player Shelf Drilling has sold one of its units after the completion of its contract in West Africa. The Oslo-listed firm with a fleet of 36 jackups said in a filing the 1983-built and 2015-upgraded Baltic has gone to an undisclosed buyer for $60m. The rig, which has been under contract in Nigeria, will, following the sale expected to close in late August, be deployed on a multi-year plug and abandonment campaign in Southeast Asia. Shelf Drilling will provide rig management and operations support as part of the deal. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited Arab Emirates
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news Splash247 ·2024-07-31

Shelf Drilling offloads jackup rig for $60m

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