Shelf Drilling Bags Gulf of Thailand Gig
Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.The…
Shelf Drilling: Higher Rig Rates, More Consolidation Coming in 2019
Shelf Drilling, the world's largest owner of shallow water rigs, expects to see higher rig rates in 2019 and more consolidation of the fragmented market, Chief Executive David Mullen told Reuters. Following an initial public offering…
Offshore Rig Operator Shelf Drilling Aims for IPO
Offshore oil rig operator Shelf Drilling said on Thursday it plans to raise $500 million in an initial public offering in the London Stock Exchange. The Dubai-based contractor, which said revenues totalled $1.2 billion and net income reached $232 million in 2013…
