Shelf Drilling Awarded New Contract in India with ONGC

DUBAI: Shelf Drilling Ltd. (OSE: SHLF) has received an award for a three-year contract for the Ron Tappmeyer jack-up rig with Oil and Natural Gas Corporation (ONGC) for offshore operations in Indian waters.

The rig is currently under contract with ONGC with a scheduled completion date in Q2 2022. The planned start-up of operations under the new contract is Q4 2022.

Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close working relationship with industry leading clients.

The Company is incorporated under the laws of the Cayman Islands with corporate headquarters in Dubai, United Arab Emirates. The Company is listed on the Oslo Stock Exchange under the ticker “SHLF”.

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