Shelf Drilling receives extension on jack-up rig for Egypt operations

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 09 March 2020 09:30

Shelf Drilling, Ltd. has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Co. for operations in the Gulf of Suez offshore Egypt.

The Trident 16 has been working with Petrobel in Belayim fields since 2015, and following this extension, the expected availability of the rig is February 2021.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/09032020/shelf-drilling-receives-extension-on-jack-up-rig-for-egypt-operations/

Wood Mackenzie: Era of US$2 - 4/million btu Henry Hub natural gas prices ending

Thursday 02 July 2026 12:12

Era of US$2 - 4/million btu Henry Hub natural gas prices ending as demand and supply conditions shift toward US$5/million btu (real) by 2035.

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