Saudi Aramco suspends operations for Shelf jack-up rig

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 15 June 2020 10:00

Shelf Drilling has received a notification from Saudi Aramco on suspension of operations for the High Island IV jack-up rig for a period of up to 12 months.

The foregoing suspension at zero dayrate will be effective upon the completion of work currently in progress and will automatically extend the term of the contract for a period equal to the suspension period.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/15062020/saudi-aramco-suspends-operations-for-shelf-jack-up-rig/

Rystad Energy: Key digital initiatives could save oil and gas industry over US$320 billion

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Rystad reports on how digital innovation is changing the oilfield services sector.

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