Shelf Drilling has announced today that a subsidiary of Shelf Drilling (North Sea) has secured a contract for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Sleipner Vest field located in the Norwegian Continental Shelf. The firm term of the contract is two wells approximating to 270 days. The contract value for the firm period excluding certain integrated services is approximately USD 61 million. The contract also includes options for two additional wells, and the planned start-up of operations is between May and July 2024.
David Mullen, Chief Executive Officer, Shelf Drilling, said:
'We are pleased to announce that the Shelf Drilling Barsk rig will continue to operate for Equinor in Norway. Shelf Drilling is particularly proud to have recently acquired the CJ70 rig, which is uniquely equipped to withstand the challenging ultra-harsh environmental conditions in the North Sea region, and we are excited to be able to expand our offering into this segment of the market. We appreciate the opportunity to establish a partnership with Equinor, and we are confident that this relationship will continue to grow and prosper in the future. At Shelf Drilling, we remain committed to safety and sustainability and look forward to delivering exceptional performance to Equinor on the Sleipner Vest project.'
Source: Shelf Drilling
