Shelf Drilling has Paid $30M for the Deep Driller 7 Jack-up Rig
Source: www.gulfoilandgas.com 6/17/2022, Location: Middle East
Shelf Drilling has announced that one of its subsidiaries has reached an agreement to purchase the Deep Driller 7 jack-up drilling rig for USD 30 million from a subsidiary of Aban Offshore.
The Deep Driller 7 rig was built in 2008 and is of Baker Marine Pacific Class 375 design, 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.
