PRESS RELEASE (SPONSORED)
SHELF DRILLING ANNOUNCES TWO-YEAR CONTRACT EXTENSION IN WEST AFRICA
Dubai, July 30, 2025 – Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”) announces a two-year contract extension for the Adriatic I jack-up rig with Conoil Producing Limited in Nigeria, following a successful partnership of over eight years. The extension, which commenced earlier in 2025, will run through early 2027, with an additional one-year option that could extend the contract into 2028.
About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across the Middle East, Southeast Asia, India, West Africa, the Mediterranean and the North Sea. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close working relationship with industry leading clients. The Company is incorporated under the laws of the Cayman Islands with corporate headquarters in Dubai, United Arab Emirates. The Company is listed on the Oslo Stock Exchange under the ticker “SHLF”.
Additional information about Shelf Drilling can be found at www.shelfdrilling.com.
Contact details
For questions or comments, please contact [email protected].
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.