Fossil Energy – Short Term Contract
Shelf Drilling announced the award of a short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16.
According to the company’s release, the Shelf Drilling Enterprise has secured a contract for one firm well in Vietnam, with an estimated duration of three months.
The rig completed its previous campaign in Thailand in late July, and operations in Vietnam are expected to begin in early October 2025 after mobilization.
The Trident 16 has been awarded a three-month extension in direct continuation of its current contract for operations in the Gulf of Suez offshore Egypt.
The rig is now firm until November 2025.
The estimated combined value of these two awards is approximately USD 14 million.
