Shelf Drilling (SHLLF) has released an update.
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Shelf Drilling, Ltd. has announced the award of new contracts for two jack-up rigs in West Africa, including a $60 million deal for the Shelf Drilling Mentor covering 10 wells over 450 days, and a multi-year campaign for the Shelf Drilling Achiever, set to begin in October 2024. The company is also mobilizing the Main Pass IV rig to the region, with operations expected to start before the end of 2024, reinforcing its strong market position in West Africa.
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