Shelf Drilling, a Dubai-based company has bagged a three-year contract for the J.T. Angel jack-up rig from Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, Offshore India.
The total added contract value is approx. USD 40 million. The rig is currently undergoing a contract preparation project, with operations expected to commence in October 2025.
Separately, as part of the company’s on-going review of its fleet, it has determined to dispose of the Trident XII, which completed its drilling contract with ONGC earlier this year and is currently stacked in India. The intended sale will be for non-drilling purposes.
Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across the Middle East, Southeast Asia, India, West Africa, the Mediterranean and the North Sea. Shelf Drilling has established itself as a leader within its industry through its fit-for-purpose strategy.