Shelf Drilling reports mixed contract fortunes as rig demand deteriorates further

UAE-based jackup rig operator Shelf Drilling has reported several new rig contracts in its latest fleet status report, while other contracts have suffered as Covid-19 continues to have a negative impact on offshore exploration activities. Shelf Drilling Tenacious has secured a contract from Masirah Oil in Oman, commencing December with an initial firm term covering …

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