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.