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Shelf Drilling Secures Key Approval for Norway Operations
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Shelf Drilling Secures Key Approval for Norway Operations

Shelf Drilling (SHLLF) has released an update.

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Shelf Drilling has received an Acknowledgement of Compliance for its Barsk jack-up rig from the Norwegian Ocean Industry Authority, paving the way for operations to begin shortly. This approval is crucial as the company prepares for its contract with Equinor, highlighting their commitment to meeting regulatory standards. Shelf Drilling is poised to deliver strong operational performance in the North Sea, strengthening its position in the offshore drilling industry.

For further insights into SHLLF stock, check out TipRanks’ Stock Analysis page.

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