Offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez, offshore Egypt.
Shelf Drilling said on Monday that the Trident 16 jack-up drilling rig had been awarded a one-year contract.
The contract includes mutually agreeable options, and the planned start-up of operations is the first quarter of 2019.
Petrobel is a joint venture of Eni and Egyptian General Petroleum Corporation (EGPC).
The Trident 16 jack-up rig was built in 1982 and its last upgrade was in 2012. The rig is of a Modec 300 C-38 design.