Chevron lengthens Shelf rig contracts offshore Thailand

Nov. 7, 2024
Chevron has awarded Shelf Drilling two-year contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jackups offshore Thailand.

Chevron has awarded Shelf Drilling two-year contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jackups offshore Thailand.

The combined value is about $197 million. The extensions will take effect in the second half of next year in direct continuation of the rigs’ current programs.

According to Shelf Drilling CEO Greg O’Brien, both rigs were custom built “with unique offline capabilities for Chevron’s factory-style operations in the Gulf of Thailand.”

Courtesy Wood Mackenzie's Offshore Asset Cost Modeling Tool
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Courtesy Shelf Drilling
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