Shelf Drilling Announces New Long-Term Contract in Dutch North Sea
United Arab Emirates, Aug. 7 -- Shelf Drilling, Ltd. announced that a subsidiary of Shelf Drilling (North Sea), Ltd. ("Shelf Drilling North Sea" or "SDNS") has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy Corp. ("Tenaz Energy") for operations in the Netherlands. The firm term of the contract is one year, with an option for Tenaz Energy to convert the term to three years within the first six months of operations. The operations are expected to commence in October or November 2025, shortly after completion of the rig's current contract in Denmark.This award represents Shelf Drilling's first contract in the Dutch energy sector, where offshore activity is scaling up following the government's renewed focus on s...
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