Shelf Drilling to Buy Aban Offshore's Jack-up Rig for $30M

Credit: Jevgenijs/AdobeStock
Credit: Jevgenijs/AdobeStock

Jack-up drilling rig specialist Shelf Drilling has agreed to buy the Deep Driller 7 jack-up drilling rig from the Indian offshore drilling company Aban Offshore. 

Shelf Drilling will pay $30 million for the 2008-built jack-up drilling unit. The rig is of Baker Marine Pacific Class 375 design, and is currently located in the United Arab Emirates. 

"Shelf Drilling plans to fund the acquisition of the premium high-spec jack-up rig with cash on hand. The transaction is subject to customary closing conditions, and the rig is expected to be delivered in July 2022," Shelf Drilling said Thursday.


Current News

ASL to Work on Metocean Data for Offshore Wind Project in Atlantic Canada

ASL to Work on Metocean Data f

RWE Gets Clearance for 100MW Electrolyzer for OW-to-Hydrogen Production

RWE Gets Clearance for 100MW E

DOF Group Completes Acquisition of Maersk Supply Service

DOF Group Completes Acquisitio

Tyra II Facilities to Operate at Full Technical Capacity Sooner Than Expected

Tyra II Facilities to Operate

Subscribe for OE Digital E‑News

Offshore Engineer Magazine