Shelf Drilling secures jackup rig contract offshore Vietnam

Dec. 11, 2023
The rig will begin mobilization soon to southeast Asia, and the planned startup of operations with PVEP POC in Vietnam is third-quarter 2024.

Offshore staff

DUBAI — Shelf Drilling Ltd. and Shelf Drilling (North Sea) Ltd. have been awarded a contract for the Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Co. Ltd. (PVEP POC).

The rig will begin mobilization soon to southeast Asia, and the planned startup of operations with PVEP POC in Vietnam is third-quarter 2024.

The firm term of the contract is about 16 months, and the total estimated contract value for the firm period is about $73 million. 

12.11.2023

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SOURCE: WESTWOOD RIGLOGIX