United Arab Emirates, July 28 -- Shelf Drilling, Ltd. announced that it has secured a one-year extension for the Rig 141 in direct continuation of its current contract for operations in the Gulf of Suez, offshore Egypt. The total estimated value for the additional one-year firm term is approximately USD 23 million. Following this extension, the expected availability of the rig is February 2027.
Published by HT Digital Content Services with permission from Pivotal Sources....