Fossil Energy – Saudi Aramco
Jack-up drilling rig specialist Shelf Drilling has secured a three-year contract extension for the Excessive Island V jack-up rig with Saudi Aramco.
The contract for the rig of the Marathon LeTourneau 82-SD-C design will begin in direct continuation of its present contract within the Arabian Gulf.
The corporate didn’t share the monetary particulars.
In accordance with Shelf Drilling’s final fleet standing report, issued in February 2022, the Excessive Island V’s contract with Saudi Aramco had been anticipated to run out in March 2022.
Now, following the extension, the anticipated availability of the 1981-built, 2013-upgraded jack-up drilling rig is May.
