Shelf Drilling, a leading shallow water drilling contractor, has announced the suspension of operations of its High Island II rig in the Middle East. The move, taken by an unnamed client, is expected to take effect in the coming weeks, but leaves open the possibility of marketing the rig to new buyers.
Although the client has not been disclosed, external reports suggest it could be Aramco , a key player in the region. Dubai-based Shelf Drilling has operated the High Island II rig as part of its offshore drilling fleet in strategic markets such as the Middle East, Southeast Asia and the Mediterranean.
High Island II Platform Operations
[post_relacionado]During the suspension period, Shelf Drilling will be able to negotiate new contracts or, ultimately, cancel the current one . This flexibility is part of the company’s strategy to remain competitive in an energy sector that is constantly undergoing challenges and fluctuations.
Since its founding in 2012, Shelf Drilling has stood out for its focus on efficient solutions tailored to the needs of its customers. With operations in several regions around the world, the company remains a benchmark in offshore drilling, especially in high-demand markets such as the Middle East.
The suspension of High Island II marks a new challenge for Shelf Drilling, but also underlines the company’s ability to adapt in an ever-evolving offshore market. With a focus on flexibility and developing new opportunities, the company continues to position itself as an industry leader.
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Source: Shelf Drilling
Photo: shutterstock