SHELF DRILLING PERSEVERANCE TO LEAVE THE NORTH SEA AND HEAD TOWARDS SOUTH EAST ASIA

December 11, 2023

Shelf Drilling, the shallow water offshore drilling contractor, announced a contract award for the Shelf Drilling Perseverance jack-up rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC). The rig will shortly commence mobilization to Southeast Asia, and the planned start-up of operations with PVEP POC in Vietnam is Q3 2024. The firm term of the contract is approximately 16 months, and the total estimated contract value for the firm period is approximately USD 73 million.
Shelf Drilling Perseverance was previously known as Noble Hans Deul was contracted by IOG to drill in the UK North Sea. The contract was cancelled by IOG following the decision to defer the drilling of the North Sea Kelham and Goddard appraisal wells
(Source: Shelf Drilling)