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Shelf Drilling Secures Lucrative Denmark Contract
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Shelf Drilling Secures Lucrative Denmark Contract

Shelf Drilling (SHLLF) has released an update.

Shelf Drilling’s subsidiary, Shelf Drilling North Sea, has been awarded a 17-month contract valued at approximately USD 68 million by TotalEnergies EP Denmark for the Shelf Drilling Winner jack-up rig. The contract, which also includes options for two additional 7-month periods, is set to commence in March 2025 following the rig’s current operations in Denmark.

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

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