Shelf Drilling wins $50m rig contract extension

Shelf Drilling announced a one-year contract extension for its Shelf Drilling Tenacious jack-up rig for operations offshore West Africa. The extension begins immediately after the current contract, committing the rig until February 2027.

The customer retains an option for an additional year beyond this firm term. The total added contract value for the confirmed one-year extension is approximately $50 million.