EGYPT: Shelf Drilling Secures Contract Extension on the Trident 16

Shelf Drilling has announced that it has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez offshore Egypt.

The contract includes a further one-year option period. The Trident 16 has been working with Petrobel in Belayim fields since 2015, and following this extension, the expected availability of the rig is February 2024