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United Arab Emirates-based jackup rig pure-play Shelf Drilling has received a contract termination from French giant TotalEnergies.
The company said it received a contract termination notice for the 2014-built Shelf Drilling Winner. The jackup was contracted to the Danish arm of the French major.
Under the notice and in accordance with the contract, the termination shall be effective in August 2025.
The driller stated that the rig had “consistently delivered outstanding operational and safety performance while under contract with TotalEnergies”.
The rig’s contract was initially scheduled to conclude in August 2026, subject to two additional options to extend it further into late 2027.
However, following a thorough evaluation of the original schedule, TotalEnergies informed Shelf Drilling that the rig would be released in the summer of 2025 after the completion of the final scheduled well activities due to changes in the 2025 work program. Shelf Drilling will actively market the rig for future opportunities.
The post TotalEnergies terminates Shelf Drilling jackup deal appeared first on Energy News Beat.
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