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Milestones

Our History

  • 2022

    • October 2022

      Acquisition of 5 premium jack-ups

    • July 2022

      Acquisition of Shelf Drilling Victory

  • 2021

    • December 2021

      Shelf Drilling Chaophraya and Shelf Drilling Krathong awarded long-term contract extensions in Thailand

    • November 2021

      12 rig-years of backlog added with ONGC India across 4 rigs from April to Nov

    • June 2021

      1-year contract plus options awarded to Shelf Drilling Tenacious by CABGOC in Angola, featuring major technical innovations

    • May 2021

      10-year extension with Saudi Aramco for High Island IX

    • March 2021

      Improved liquidity by issuance of $310 million of new senior notes and closing of select rig sales

  • 2020

    • December 2020

      Signing of sale and purchase agreement for Shelf Drilling Journey

    • January 2020

      Acquisition of Shelf Drilling Enterprise and contract secured with Chevron Thailand

  • 2019

    • December 2019

      35 rig-years awarded for four rigs contracted with Saudi Aramco

    • July 2019

      Shelf Drilling Scepter secured contract with Chevron Thailand

    • May 2019

      First CJ-46 rig – “Shelf Drilling Achiever” secured contract with Saudi Aramco

    • February 2019

      Signing of transaction with China Merchants to acquire two newbuild CJ-46 jack-ups

  • 2018

    • July 2018

      Purchase of Shelf Drilling Scepter

    • June 2018

      Listing on Oslo Børs and Redemption of Preferred Equity

    • June 2018

      RCF Extension and Long-Term Refinancing of Remaining Debt

    • January 2018

      Long-Term Refinancing of HY Notes

  • 2017

    • April 2017

      Equity raise on Norwegian-OTC list to acquire 3 premium jack-ups

    • June 2017

      Second newbuild rig “Shelf Drilling Krathong” starts contract with Chevron Thailand

    • April 2017

      Shelf Drilling takes delivery of the second newbuild rig “Shelf Drilling Krathong” from Lamprell shipyard

    • January 2017

      Completion of refinancing transaction to create significant value

  • 2016

    • December 2016

      First newbuild rig “Shelf Drilling Chaophraya” starts contract with Chevron Thailand

    • December 2016

      Commencement of a 380-day contract with Shell in India

    • April 2016

      Commencement of a two-year contract with Chevron Nigeria

  • 2015

    • June 2015

      Start-up of operations in UAE with NDC resulting in ten rigs in the Arabian Gulf

  • 2014

    • October 2014

      Steel Cutting Ceremony in the UAE for the two newbuilds for Chevron Thailand – Shelf Drilling Chaophraya and the Shelf Drilling Krathong

    • May 2014

      Signing of 5-year contracts with Chevron Thailand for two newbuild jackup rigs

    • April 2014

      Signing of 5-year contracts for multiple rigs in the Arabian Gulf with Saudi Aramco

  • 2013

    • December 2013

      Fleet achieves substantial independence, majority of rigs transferred to Shelf Drilling operational control

  • 2012

    • 30 November 2012

      Establishment of Shelf Drilling following the acquisition of 37 jackup drilling rigs and one swamp barge from Transocean