Shelf Drilling (SHLLF) has released an update.
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Shelf Drilling North Sea has officially become a wholly owned subsidiary of parent company Shelf Drilling following the adoption and approval of the Proposed Merger at a Special General Meeting. On October 10, 2024, the merger was confirmed with unanimous support from voting shareholders. This consolidation is the latest strategic move by Shelf Drilling to strengthen its position in the shallow water offshore drilling industry.
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