Shelf Drilling aims to provide all investors with relevant financial information in a consistent and timely manner.

Register For Email Alerts

Dashboard

Fleet Status Report

View Now

Share

Price Information

Explore

Latest

News

Explore

Financial

Reports

Explore

Presentation/

Webcasts

Explore

Corporate

Governance

Explore

Investor

Relations Policy

Explore

Next Financial Calendar Events

IR CONTACT

If you have any questions or require any further information:

Share Price Information

Shelf Drilling was listed on the Oslo Stock Exchange on 25 June 2018.

Analyst Coverage

The following securities brokers provide analytic coverage for Shelf Drilling.

DNB Markets

Martin Huseby Karlsen
martin.huseby.karlsen@dnb.no +47 24 16 91 93

Clarksons Platou Securities

Fredrik Stene
fredrik.stene@clarksons.com +47 22 01 63 35

Fearnleys Securities

Gustaf Amlé
g.amle@fearnleys.com +47 22 93 63 72

Arctic Securities

Sebastian Grindheim
sebastian.grindheim@arctic.com +47 21 01 31 62

SpareBank1 Markets

Vidar Lyngvær
vidar.lyngvaer@sb1markets.no +47 24 13 37 42
Disclaimer: Please note that the analysts’ views, estimates, forecasts and recommendations are their own and do not necessarily reflect the views of Shelf Drilling.

Primary Insiders

Please click here for a list of primary insiders in Shelf Drilling.

Dividend Policy

The Company did not distribute any dividends for the financial year ended December 31, 2021. The Company’s future dividend policy is within the discretion of the Board, who will consider issuing dividends to holders of common shares with other relevant considerations and factors, including but not limited to the Company’s working capital and capital expenditure needs, results of operations, financial condition and investment opportunities.

Latest News

Please click here for stock exchange announcements.

December 2024

  • 02 Dec 24
    Shelf Drilling Secures an Award for the Main Pass IV Jack-up Rig

November 2024

  • 22 Nov 24
    Shelf Drilling Announces Contract Update
  • 15 Nov 24
    Shelf Drilling Share Capital Increase
  • 13 Nov 24
    Shelf Drilling Board of Directors Approves Share Issue and Grant of RSUs
  • 13 Nov 24
    Shelf Drilling Reports Third Quarter 2024 Results
  • 06 Nov 24
    Shelf Drilling Q3 2024 Earnings Release Information
  • 04 Nov 24
    Shelf Drilling Announces Two Contract Extensions in Thailand

October 2024

  • 24 Oct 24
    Shelf Drilling Announces AOC Approval and Operational Update in Norway
  • 16 Oct 24
    Shelf Drilling, Ltd. - New Share Capital
  • 14 Oct 24
    New CFO Assumes Position and RSU and PSU Grant Letter
  • 11 Oct 24
    Shelf Drilling, Ltd. and Shelf Drilling (North Sea), Ltd. - Completion of Acquisition
  • 10 Oct 24
    Shelf Drilling (North Sea), Ltd. - Minutes of Special General Meeting
  • 10 Oct 24
    Shelf Drilling Announces New Contracts in West Africa
  • 08 Oct 24
    Shelf Drilling, Ltd. - Publication of Exempted Document in relation to the acquisition of Shelf Drilling (North Sea), Ltd.
  • 04 Oct 24
    Shelf Drilling, Ltd. and Shelf Drilling (North Sea), Ltd. – Key dates for Completion of Merger

September 2024

  • 23 Sep 24
    Shelf Drilling Announces Closing of the Sale of the Baltic Rig
  • 16 Sep 24
    Shelf Drilling, Ltd. Announces Agreement to Acquire Shelf Drilling (North Sea), Ltd.
  • 06 Sep 24
    Shelf Drilling Announces New Awards in West Africa

August 2024

  • 15 Aug 24
    Shelf Drilling Announces Completion of Leadership Transition
  • 14 Aug 24
    Shelf Drilling Reports Second Quarter 2024 Results
  • 06 Aug 24
    Shelf Drilling Q2 2024 Earnings Release Information

July 2024

June 2024

  • 12 Jun 24
    Shelf Drilling, Ltd. – Minutes of Annual General Meeting
  • 05 Jun 24
    Shelf Drilling Announces Contract Award for the Shelf Drilling Tenacious
  • 04 Jun 24
    Shelf Drilling Announces Norway Operations Update

May 2024

  • 22 May 24
    Shelf Drilling North Sea Satisfies Redemption Conditions & Completes Refinancing
  • 15 May 24
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 15 May 24
    Shelf Drilling Reports First Quarter 2024 Results
  • 07 May 24
    Shelf Drilling Q1 2024 Earnings Release Information

April 2024

  • 30 Apr 24
    Shelf Drilling Secures New Contract in UK North Sea
  • 26 Apr 24
    Shelf Drilling North Sea Successful Placement of New 4.5-Years Senior Secured First Lien Bonds
  • 22 Apr 24
    Shelf Drilling North Sea – Fixed Income Investor Meetings
  • 10 Apr 24
    Shelf Drilling Secures Contract Extension with Equinor in Norway
  • 01 Apr 24
    Shelf Drilling Announces Contracts Update

March 2024

  • 27 Mar 24
    Shelf Drilling Announces Change to the Board of Directors
  • 04 Mar 24
    Shelf Drilling Secures Contract Extension on Rig 141 in Egypt
  • 04 Mar 24
    Shelf Drilling Reports Fourth Quarter 2023 Results

February 2024

December 2023

  • 21 Dec 23
    Shelf Drilling Holdings, Ltd. Announces Senior Secured Notes Listing
  • 08 Dec 23
    Shelf Drilling Awarded New Contract in Vietnam

November 2023

  • 14 Nov 23
    Shelf Drilling Share Capital Increase
  • 09 Nov 23
    Shelf Drilling Reports Third Quarter 2023 Results
  • 08 Nov 23
    Shelf Drilling Board of Directors Approves Share Issue and Grant of RSUs
  • 01 Nov 23
    Shelf Drilling Q3 2023 Earnings Release Information

October 2023

  • 26 Oct 23
    Shelf Drilling Announces Completion of Refinancing Transactions
  • 26 Oct 23
    Supplemental Notice of Redemption
  • 25 Oct 23
    Notice of Confirmation of Conditions
  • 11 Oct 23
    Shelf Drilling Holdings, Ltd. Announces Early Results of its Cash Tender Offers
  • 03 Oct 23
    Shelf Drilling Awarded Two New Contracts in Nigeria
  • 02 Oct 23
    Shelf Drilling Fortress Secures Contract Extension

September 2023

  • 29 Sep 23
    Shelf Drilling Share Capital Increase, Allocated Offer Shares are Now Tradable
  • 28 Sep 23
    Shelf Drilling Holdings, Ltd. Announces Pricing of Senior Secured Notes Offering
  • 26 Sep 23
    Shelf Drilling Private Placement Successfully Placed
  • 26 Sep 23
    Shelf Drilling Contemplated Private Placement
  • 26 Sep 23
    Shelf Drilling Holdings, Ltd. Announces Proposed Offer of Senior Secured Notes
  • 26 Sep 23
    Shelf Drilling Holdings, Ltd. Offer to Purchase for Cash Any and All of the Outstanding 2024 Notes and 2025 Notes
  • 26 Sep 23
    Notice of Conditional Full Redemption

August 2023

July 2023

  • 27 Jul 23
    Shelf Drilling Q2 2023 Earnings Release Information

June 2023

  • 12 Jun 23
    Shelf Drilling, Ltd. – Minutes of Annual General Meeting

May 2023

  • 15 May 23
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 15 May 23
    Shelf Drilling Reports First Quarter 2023 Results
  • 09 May 23
    Shelf Drilling Q1 2023 Earnings Release Information

April 2023

  • 28 Apr 23
    Shelf Drilling Secures New Contract in Norway
  • 25 Apr 23
    Shelf Drilling Awarded a Short-Term Contract for Adriatic 1 in Nigeria

March 2023

  • 20 Mar 23
    Shelf Drilling Reports Fourth Quarter 2022 Results
  • 13 Mar 23
    Shelf Drilling Q4 2022 Earnings Release Information
  • 09 Mar 23
    Shelf Drilling Awarded 2-year Contract for Shelf Drilling Scepter in Nigeria
  • 06 Mar 23
    Shelf Drilling Announces Change to the Board of Directors

February 2023

January 2023

  • 31 Jan 23
    Shelf Drilling Successful Completion of Private Placement
  • 31 Jan 23
    Shelf Drilling Contemplated Private Placement
  • 10 Jan 23
    Shelf Drilling Secures Contract Extension on the Trident 16 in Egypt
  • 09 Jan 23
    Shelf Drilling Awarded New Contract in India with ONGC
  • 04 Jan 23
    Shelf Drilling Announces Further Contract Extension on the Shelf Drilling Tenacious

December 2022

  • 23 Dec 22
    Shelf Drilling Awarded a New Contract in Nigeria
  • 22 Dec 22
    Shelf Drilling Awarded New Contracts in India with ONGC
  • 07 Dec 22
    Shelf Drilling Secures New Contracts in Adriatic Sea

November 2022

  • 30 Nov 22
    Shelf Drilling, Ltd. Minutes of Extraordinary General Meeting
  • 21 Nov 22
    Shelf Drilling Announces Contract Extension on the Shelf Drilling Tenacious
  • 14 Nov 22
    Shelf Drilling Awarded a 5-year Contract in Arabian Gulf
  • 14 Nov 22
    Shelf Drilling Share Capital Increase
  • 10 Nov 22
    Shelf Drilling Reports Third Quarter 2022 Results
  • 09 Nov 22
    Shelf Drilling, Ltd. Notice of Extraordinary General Meeting
  • 07 Nov 22
    Shelf Drilling Q3 2022 Earnings Release Information

October 2022

  • 27 Oct 22
    Shelf Drilling Board of Directors Approves Share Issue and Grant of RSUs
  • 12 Oct 22
    Shelf Drilling North Sea Announces Publication of Information Document and First Day of Trading on Euronext Growth
  • 11 Oct 22
    Shelf Drilling Awarded a 5-year Contract for the Recently Acquired Shelf Drilling Victory
  • 06 Oct 22
    Shelf Drilling Secures 2-Year Contract Extension in Denmark
  • 05 Oct 22
    Shelf Drilling Announces Completion of the Acquisition of Five Premium Jack-Ups

September 2022

  • 27 Sep 22
    Shelf Drilling Announces Closing of Secured Notes Offering
  • 21 Sep 22
    Shelf Drilling, Ltd. Announces Application for Listing of Shelf Drilling (North Sea), Ltd. on Euronext Growth Oslo Submitted
  • 13 Sep 22
    Shelf Drilling Announces Pricing of Secured Notes Offering
  • 01 Sep 22
    UK CMA Clears Shelf Drilling's Acquisition of Five Jack-ups from Noble Corporation

August 2022

  • 31 Aug 22
    Shelf Drilling, Ltd. Minutes of Annual General Meeting
  • 11 Aug 22
    Shelf Drilling Reports Second Quarter 2022 Results
  • 10 Aug 22
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 05 Aug 22
    Shelf Drilling Q2 2022 Earnings Release Information
  • 05 Aug 22
    Shelf Drilling, Ltd. Approval and Publication of Listing Prospectus

July 2022

  • 28 Jul 22
    Shelf Drilling Awarded New Contract in India with ONGC
  • 13 Jul 22
    Shelf Drilling Announces Closing of Transaction on Deep Driller 7 Jack-up Rig

June 2022

  • 30 Jun 22
    Shelf Drilling – Cancellation of Subsequent Offering
  • 29 Jun 22
    Shelf Drilling Conference Call Notice
  • 24 Jun 22
    Shelf Drilling, Ltd. Share Capital Increase
  • 24 Jun 22
    Shelf Drilling, Ltd. Private Placement Successfully Placed
  • 23 Jun 22
    Shelf Drilling, Ltd.: Contemplated Private Placement in Connection with the Acquisition of Five Jack-Up Rigs from Noble Corporation
  • 23 Jun 22
    Shelf Drilling Announces Agreement to Acquire Five Jack-up Rigs from Noble Corporation
  • 17 Jun 22
    Shelf Drilling Announces Acquisition of Deep Driller 7 Jack-up Rig for USD 30 Million
  • 14 Jun 22
    Shelf Drilling Secures 3-Year Contract Extension on the Shelf Drilling Achiever

May 2022

  • 20 May 22
    Shelf Drilling Awarded New Contract in India with ONGC
  • 12 May 22
    Shelf Drilling Reports First Quarter 2022 Results
  • 09 May 22
    Shelf Drilling Q1 2022 Earnings Release Information

April 2022

  • 27 Apr 22
    Shelf Drilling Secures 3-Year Contract Extension on the High Island V

March 2022

February 2022

December 2021

  • 27 Dec 21
    Shelf Drilling Announces New Contracts on the Shelf Drilling Chaophraya and Shelf Drilling Krathong in the Gulf of Thailand
  • 17 Dec 21
    Shelf Drilling Announces Contract Extension on the Key Manhattan

November 2021

October 2021

  • 28 Oct 21
    Shelf Drilling Board of Directors Approves Share Issue and Grant of RSUs

September 2021

  • 20 Sep 21
    Shelf Drilling Awarded New Contract in India with ONGC
  • 01 Sep 21
    Shelf Drilling, Ltd. Minutes of Annual General Meeting

August 2021

  • 12 Aug 21
    Shelf Drilling Reports Second Quarter 2021 Results
  • 11 Aug 21
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 11 Aug 21
    Shelf Drilling Amendment of 2017 Long Term Incentive Plan and Grant of Stock Options

July 2021

  • 29 Jul 21
    Shelf Drilling Q2 2021 Earnings Release Information
  • 17 Jul 21
    Shelf Drilling Announces Change to the Board of Directors

June 2021

  • 29 Jun 21
    Shelf Drilling Awarded Contract for the Baltic
  • 16 Jun 21
    Shelf Drilling Awarded Contract for the Shelf Drilling Tenacious

May 2021

  • 15 May 21
    Shelf Drilling Primary Insider Notification
  • 15 May 21
    Shelf Drilling Share Capital Increase
  • 11 May 21
    Shelf Drilling Reports First Quarter 2021 Results
  • 06 May 21
    Shelf Drilling Secures 10-Year Contract Extension on the High Island IX
  • 05 May 21
    Shelf Drilling Board of Directors Approves Share Issue
  • 05 May 21
    Shelf Drilling Q1 2021 Earnings Release Information
  • 05 May 21
    Shelf Drilling Awarded New Contract in India with ONGC

April 2021

  • 23 Apr 21
    Shelf Drilling Awarded New Contract in India with ONGC

March 2021

  • 25 Mar 21
    Shelf Drilling Secures Contract Extension on the Trident 16 in Egypt
  • 13 Mar 21
    Shelf Drilling Holdings, Ltd. Announces Pricing of Secured Notes Offering
  • 11 Mar 21
    Shelf Drilling Holdings, Ltd. Announces Proposed Secured Notes Offering
  • 04 Mar 21
    Shelf Drilling Reports Fourth Quarter 2020 Results

February 2021

  • 25 Feb 21
    Shelf Drilling Announces Closing of Sale of Shelf Drilling Journey Jack-up Rig
  • 23 Feb 21
    Shelf Drilling Q4 2020 Earnings Release Information
  • 12 Feb 21
    Shelf Drilling Primary Insider Notification
  • 12 Feb 21
    Shelf Drilling Share Capital Increase
  • 10 Feb 21
    Shelf Drilling Board of Directors Approves Share Issue

January 2021

  • 18 Jan 21
    Shelf Drilling Announces Contract Update for High Island VII and Compact Driller

December 2020

  • 21 Dec 20
    Shelf Drilling Announces Sale of Shelf Drilling Journey Jack-up Rig

November 2020

October 2020

  • 28 Oct 20
    Shelf Drilling Board of Directors Approves Share Issue
  • 19 Oct 20
    Shelf Drilling Announces Contract Update for Main Pass I

September 2020

  • 22 Sep 20
    Shelf Drilling Announces Amendment to Revolving Credit Facility
  • 14 Sep 20
    Shelf Drilling Announces Termination of Bareboat Charter Agreement

August 2020

  • 31 Aug 20
    Shelf Drilling, Ltd. Minutes of Annual General Meeting
  • 13 Aug 20
    Shelf Drilling Reports Second Quarter 2020 Results
  • 13 Aug 20
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 13 Aug 20
    Shelf Drilling Announces Changes to the Board of Directors
  • 10 Aug 20
    Shelf Drilling Q2 2020 Earnings Release Information

June 2020

  • 19 Jun 20
    Shelf Drilling Announces Contract Update for Trident 16
  • 15 Jun 20
    Shelf Drilling Announces Contract Update for High Island IV

May 2020

April 2020

  • 27 Apr 20
    Shelf Drilling Q1 2020 Earnings Release Information
  • 06 Apr 20
    Shelf Drilling Announces Contract Update for Shelf Drilling Mentor

March 2020

  • 23 Mar 20
    Shelf Drilling Announces Contract Update for Trident XIV
  • 18 Mar 20
    Shelf Drilling Announces Contract Update for Shelf Drilling Tenacious
  • 09 Mar 20
    Shelf Drilling Secures Contract Extension on the Trident 16 in Egypt
  • 02 Mar 20
    Shelf Drilling Reports Fourth Quarter 2019 Results

February 2020

  • 20 Feb 20
    Shelf Drilling Announces Private Placement of US$80 Million of Senior Secured Notes
  • 18 Feb 20
    Shelf Drilling Q4 2019 Earnings Release Information
  • 10 Feb 20
    Shelf Drilling Announces Changes to the Board of Directors

January 2020

  • 14 Jan 20
    Shelf Drilling Announces Contract for Recently Acquired Jack-up Rig Shelf Drilling Enterprise
  • 07 Jan 20
    Shelf Drilling Announces Closing of Transaction on Maersk Completer Jack-up Rig

December 2019

  • 30 Dec 19
    Shelf Drilling Awarded 35 Years of Contract Extensions in Arabian Gulf
  • 17 Dec 19
    Shelf Drilling Announces Acquisition of Maersk Completer Jack-up Rig for USD 38 Million
  • 09 Dec 19
    Shelf Drilling Secures Contract Extension on the Trident XIV in West Africa

November 2019

October 2019

  • 30 Oct 19
    Shelf Drilling Board of Directors Approves Share Issue
  • 09 Oct 19
    Shelf Drilling Awarded New Contract in India with ONGC
  • 09 Oct 19
    Shelf Drilling Announces Contract Extension on the High Island VII
  • 07 Oct 19
    Shelf Drilling Announces Multiple Contract Extensions

September 2019

  • 02 Sep 19
    Shelf Drilling Initiates Share Repurchase Program

August 2019

  • 07 Aug 19
    Shelf Drilling Reports Second Quarter 2019 Results
  • 05 Aug 19
    Shelf Drilling Announces Contract Extension on the Shelf Drilling Resourceful

July 2019

  • 31 Jul 19
    Shelf Drilling Awarded Two New Contracts in India with ONGC
  • 29 Jul 19
    Shelf Drilling Q2 2019 Earnings Release Information
  • 08 Jul 19
    Shelf Drilling Announces Contract Extension on the High Island VII
  • 05 Jul 19
    Shelf Drilling Secures Contract for the Shelf Drilling Scepter
  • 04 Jul 19
    Shelf Drilling Executes Contract Extensions for Shelf Drilling Mentor and Tenacious

June 2019

  • 11 Jun 19
    Shelf Drilling, Ltd. Minutes of Annual General Meeting

May 2019

  • 20 May 19
    Shelf Drilling Awarded a 3-year Contract for the Recently Acquired Shelf Drilling Achiever
  • 15 May 19
    Shelf Drilling, Ltd. Notice of Annual General Meeting
  • 15 May 19
    Shelf Drilling Reports First Quarter 2019 Results
  • 09 May 19
    Shelf Drilling Announces Completion of the Acquisition of Two Jack-Up Rigs, Issuance of New Common Shares and Bareboat Charter Agreements for Two Additional Jack-Up Rigs
  • 06 May 19
    Shelf Drilling Announces Board Approval of Share Issue

April 2019

  • 25 Apr 19
    Shelf Drilling Q1 2019 Earnings Release Information

March 2019

  • 28 Mar 19
    Shelf Drilling Announces a 3-year Contract for the High Island V
  • 04 Mar 19
    Shelf Drilling Reports Fourth Quarter 2018 Results

February 2019

  • 25 Feb 19
    Shelf Drilling Q4 2018 Earnings Release Information
  • 21 Feb 19
    Shelf Drilling Conference Call Notice
  • 21 Feb 19
    Shelf Drilling Announces Contemplated Acquisition of Two Jack-Up Rigs, Issuance of New Common Shares & Bareboat Charter Agreements for Two Additional Jack-Up Rigs
  • 11 Feb 19
    Shelf Drilling Announces Contract Extension on the Shelf Drilling Resourceful

January 2019

  • 28 Jan 19
    Shelf Drilling Awarded New Contract in Egypt with Petrobel
  • 23 Jan 19
    Shelf Drilling Awarded New Contract in India with ONGC

December 2018

  • 06 Dec 18
    Shelf Drilling Awarded New Contract in Abu Dhabi with ADNOC Drilling

November 2018

  • 20 Nov 18
    Shelf Drilling Secures Contract Extension on the Trident XIV Jack-up Rig in West Africa
  • 14 Nov 18
    Shelf Drilling Reports Third Quarter 2018 Results
  • 14 Nov 18
    Shelf Drilling Announces Appointments of Chairman of the Board and Chairman of the Audit Committee

October 2018

  • 31 Oct 18
    Shelf Drilling Q3 2018 Earnings Release Information
  • 08 Oct 18
    Shelf Drilling Announces New Contract in Nigeria with Sirius Petroleum
  • 05 Oct 18
    Shelf Drilling Secures a New Contract and a Contract Extension in the Adriatic Sea

August 2018

  • 16 Aug 18
    Shelf Drilling Announces Contract Extension on the Shelf Drilling Resourceful
  • 14 Aug 18
    Shelf Drilling Reports Second Quarter 2018 Results

July 2018

  • 27 Jul 18
    Shelf Drilling Announces Closing of Transaction on Ocean Scepter Jack-up Rig
  • 26 Jul 18
    Shelf Drilling Q2 2018 Earnings Release Information
  • 25 Jul 18
    Shelf Drilling, Ltd. – End of Stabilization
  • 02 Jul 18
    Shelf Drilling Announces Acquisition of Ocean Scepter Jack-Up Rig from Diamond Offshore

June 2018

  • 25 Jun 18
    Shelf Drilling, Ltd. – Redemption of Preferred Shares
  • 25 Jun 18
    Shelf Drilling, Ltd. – Stabilization and Over-Allotment Option Notice
  • 19 Jun 18
    Shelf Drilling, Ltd. Minutes of Extraordinary General Meeting
  • 08 Jun 18
    Notice to Holders of Shelf Drilling Holdings, Ltd. 8.250% Senior Notes Due 2025
  • 05 Jun 18
    Shelf Drilling Holdings, Ltd. Announces Pricing of Offering of Additional Senior Notes
  • 04 Jun 18
    Shelf Drilling Holdings, Ltd. Announces Proposed Offering of Additional Senior Notes
  • 04 Jun 18
    Shelf Drilling, Ltd. Notice of Extraordinary General Meeting

May 2018

  • 28 May 18
    Shelf Drilling Q1 2018 Earnings Call Rescheduling Information
  • 15 May 18
    Shelf Drilling Q1 2018 Earnings Call Information

March 2018

February 2018

  • 05 Feb 18
    Shelf Drilling Holdings, Ltd. Announces Expiration and Results of its Tender Offers

January 2018

  • 31 Jan 18
    Shelf Drilling Holdings, Ltd. Announces Pricing of Notes Offering
  • 29 Jan 18
    Shelf Drilling Holdings, Ltd. Announces Commencement of Offers
  • 29 Jan 18
    Shelf Drilling Holdings, Ltd. Announces Proposed Notes Offering

November 2017

September 2017

  • 11 Sep 17
    Shelf Drilling Awarded Two-Rig Contract in Dubai
  • 08 Sep 17
    Shelf Drilling Announces Closing of Transaction on Third Seadrill Jackup Rig
  • 07 Sep 17
    Shelf Drilling Announces Changes to Board of Directors

August 2017

May 2017

  • 24 May 17
    Shelf Drilling Q1 2017 Earnings Call Rescheduling Information
  • 22 May 17
    Shelf Drilling Q1 2017 Earnings Call Information
  • 18 May 17
    Shelf Drilling Announces Closing of Transaction on Two Seadrill Jackup Rigs
  • 05 May 17
    Shelf Drilling Announces Registration on the Norwegian OTC List
  • 01 May 17
    Shelf Drilling Announces Acquisition of Three Seadrill Jackup Rigs

April 2017

  • 28 Apr 17
    Shelf Drilling Announces Private Placement of US$ 225 Million Successfully Placed
  • 24 Apr 17
    Shelf Drilling Announces an Offering of New Shares and Growth Oriented Acquisition of Premium Jackup Rigs
  • 06 Apr 17
    "Shelf Drilling Krathong" Newbuild Jackup Rig Delivered to Shelf Drilling

January 2017

  • 13 Jan 17
    Shelf Drilling Announces Successful Consummation of Several Finance Transactions

Financial Reports

November 2024

  • 13 Nov 24
    Shelf Drilling Ltd. September 30, 2024 Quarterly Report

August 2024

  • 14 Aug 24
    Shelf Drilling Ltd. June 30, 2024 Quarterly Report

May 2024

  • 15 May 24
    Shelf Drilling Ltd. March 31, 2024 Quarterly Report

March 2024

  • 15 Mar 24
    Shelf Drilling Annual Report 2023
  • 04 Mar 24
    Shelf Drilling, Ltd. 2023 Form 10K Equivalent

November 2023

  • 09 Nov 23
    Shelf Drilling Ltd. September 30 2023 Quarterly Report

August 2023

  • 09 Aug 23
    Shelf Drilling Ltd. June 30 2023 Quarterly Report

May 2023

  • 15 May 23
    Shelf Drilling Ltd. March 31 2023 Quarterly Report

March 2023

  • 29 Mar 23
    Shelf Drilling Annual Report 2022
  • 20 Mar 23
    Shelf Drilling, Ltd. 2022 Form 10K Equivalent

November 2022

  • 10 Nov 22
    Shelf Drilling Ltd. September 30 2022 Quarterly Report

August 2022

  • 11 Aug 22
    Shelf Drilling Ltd. June 30 2022 Quarterly Report

May 2022

  • 12 May 22
    Shelf Drilling Ltd. March 31 2022 Quarterly Report

March 2022

  • 04 Mar 22
    Shelf Drilling Annual Report 2021

February 2022

  • 28 Feb 22
    Shelf Drilling Ltd. 2021 Form 10-K Equivalent

November 2021

  • 10 Nov 21
    Shelf Drilling Ltd. September 30 2021 Quarterly Report

August 2021

  • 12 Aug 21
    Shelf Drilling Ltd. June 30 2021 Quarterly Report

May 2021

  • 11 May 21
    Shelf Drilling Ltd. March 31 2021 Quarterly Report

March 2021

  • 15 Mar 21
    Shelf Drilling Annual Report 2020
  • 04 Mar 21
    Shelf Drilling, Ltd. 2020 Form 10K Equivalent

November 2020

  • 13 Nov 20
    Shelf Drilling Ltd. September 30 2020 Quarterly Report

August 2020

  • 13 Aug 20
    Shelf Drilling Ltd. June 30 2020 Quarterly Report

May 2020

  • 13 May 20
    Shelf Drilling Ltd. March 31 2020 Quarterly Report

March 2020

  • 16 Mar 20
    Shelf Drilling Annual Report 2019
  • 02 Mar 20
    Shelf Drilling, Ltd. 2019 Form 10K Equivalent

November 2019

  • 13 Nov 19
    Shelf Drilling, Ltd. September 30 2019 Quarterly Report

August 2019

  • 07 Aug 19
    Shelf Drilling, Ltd. June 30 2019 Quarterly Report

May 2019

  • 15 May 19
    Shelf Drilling, Ltd. March 31 2019 Quarterly Report

March 2019

  • 18 Mar 19
    Shelf Drilling Annual Report 2018
  • 04 Mar 19
    Shelf Drilling, Ltd. 2018 Form 10K Equivalent

November 2018

  • 14 Nov 18
    Shelf Drilling, Ltd. September 30, 2018 Quarterly Report

August 2018

  • 14 Aug 18
    Shelf Drilling, Ltd. June 30, 2018 Quarterly Report

May 2018

  • 15 May 18
    Shelf Drilling, Ltd. March 31, 2018 Quarterly Report
  • 15 May 18
    Shelf Drilling, Ltd. Financial Report Period Ended March 31, 2018

March 2018

  • 13 Mar 18
    Shelf Drilling, Ltd. Financial Report Period Ended December 31 2017
  • 13 Mar 18
    Shelf Drilling, Ltd. 2017 Annual Report

November 2017

  • 14 Nov 17
    Shelf Drilling, Ltd. Financial Statements Quarter Ended September 30 2017
  • 14 Nov 17
    Shelf Drilling, Ltd. Financial Report Period Ended September 30 2017

August 2017

  • 22 Aug 17
    Shelf Drilling, Ltd. Financial Report Period Ended June 30 2017
  • 22 Aug 17
    Shelf Drilling, Ltd. Financial Statements Quarter Ended June 30 2017

May 2017

  • 14 May 17
    Shelf Drilling, Ltd. Financial Statements Quarter Ended March 31 2017

April 2017

  • 23 Apr 17
    Shelf Drilling, Ltd. Financial Statements Year Ended December 31 2016

March 2016

  • 31 Mar 16
    Shelf Drilling, Ltd. Financial Statements Period Ended December 31 2015

Presentations

November 2024

September 2024

  • 16 Sep 24
    Shelf Drilling to Acquire 100% of Shelf Drilling North Sea
  • 10 Sep 24
    Shelf Drilling to Present at The Pareto Securities' Annual Energy Conference 2024

August 2024

May 2024

March 2024

November 2023

September 2023

  • 26 Sep 23
    Shelf Drilling Investor Presentation
  • 18 Sep 23
    Shelf Drilling Presents at The Pareto Securities' Annual Energy Conference 2023
  • 04 Sep 23
    Shelf Drilling Investor Presentation (Sep 2023)

August 2023

June 2023

  • 12 Jun 23
    Shelf Drilling Investor Presentation (June 2023)

May 2023

March 2023

January 2023

  • 31 Jan 23
    Shelf Drilling Investor Presentation (January 2023)

November 2022

October 2022

  • 12 Oct 22
    Shelf Drilling Company Presentation (October 2022)

September 2022

  • 13 Sep 22
    Shelf Drilling Presentation at Pareto Conference (September 2022)

August 2022

June 2022

  • 23 Jun 22
    Shelf Drilling Investor Presentation (June 2022)

May 2022

February 2022

November 2021

August 2021

May 2021

March 2021

  • 04 Mar 21
    Shelf Drilling Q4 2020 Results Highlights Presentation

November 2020

August 2020

May 2020

  • 13 May 20
    Shelf Drilling Q1 2020 Results Highlights Presentation

March 2020

  • 02 Mar 20
    Shelf Drilling Q4 2019 Results Highlights Presentation

January 2020

  • 14 Jan 20
    Shelf Drilling Investor Presentation (January 2020)

November 2019

  • 13 Nov 19
    Shelf Drilling Q3 2019 Results Highlights Presentation

September 2019

  • 03 Sep 19
    Shelf Drilling Investor Presentation (September 2019)

August 2019

  • 07 Aug 19
    Shelf Drilling Q2 2019 Results Highlights Presentation

May 2019

  • 15 May 19
    Shelf Drilling Q1 2019 Results Highlights Presentation

March 2019

  • 04 Mar 19
    Shelf Drilling Q4 2018 Results Highlights Presentation

November 2018

  • 14 Nov 18
    Shelf Drilling Q3 2018 Results Highlights Presentation

September 2018

  • 12 Sep 18
    Shelf Drilling Presentation at Pareto Conference (12 Sep 2018)

August 2018

  • 14 Aug 18
    Shelf Drilling Q2 2018 Results Highlights Presentation

June 2018

March 2018

  • 06 Mar 18
    Shelf Drilling Presentation at DnB Conference (March 2018)

December 2017

  • 22 Dec 17
    Shelf Drilling Presentation (December 2017)

September 2017

  • 13 Sep 17
    Shelf Drilling Presentation at Pareto Conference (Sep 2017)

May 2017

Corporate Governance

Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, or the “Group”) has adopted a corporate governance regime with reference to the Norwegian Code of Practice for Corporate Governance dated 17 October 2018 (the “Corporate Governance Code”). The purpose of the Corporate Governance Code is for companies listed on regulated markets in Norway to practice corporate governance that regulates the division of roles between shareholders, the board of directors and executive management more comprehensively than is required by legislation. Good corporate governance will strengthen confidence in companies and help to ensure the greatest possible value creation over time in the best interests of shareholders, employees and other stakeholders.

More information on the company’s compliance with the Corporate Governance Code is included in the 2023 Annual Report, also available under Financial Reports tab on this website.

 

Sustainability

Since its inception in 2012, Shelf Drilling has placed sustainability at the core of everything we do. At Shelf Drilling we define sustainability as achieving commercial profitability in a way that is consistent with our fundamental ethical values and with respect for individuals, the environment and society. Our commitment to sustainability is also expressed through our core values:

  • “Protect” yourself, your team, your asset and our environment
  • “Lead” by conducting business ethically, with responsibility and accountability
  • “Execute” business by delivering outstanding performance for all our stakeholders

Shelf Drilling is committed to protecting the environment, establishing health and safety standards, respecting human rights and upholding ethical business conduct. We strive to actively engage with our stakeholders and operate in strict accordance with applicable regulatory frameworks and good business practice. Our Sustainability Policy sets forth the basic principles for business practices, management approach and personal behavior for Shelf Drilling.

More information on the Company’s sustainability practices is available here on our website and is also included in the 2023 Sustainability Report.

 

Corporate Governance Documents

Fleet Status Reports

November 2024

  • 13 Nov 24
    Shelf Drilling Fleet Status Report Updated November 2024

August 2024

  • 14 Aug 24
    Shelf Drilling Fleet Status Report Updated August 2024

May 2024

  • 15 May 24
    Shelf Drilling Fleet Status Report Updated May 2024

March 2024

  • 04 Mar 24
    Shelf Drilling Fleet Status Report Updated March 2024

November 2023

  • 09 Nov 23
    Shelf Drilling Fleet Status Report Updated November 2023

August 2023

  • 09 Aug 23
    Shelf Drilling Fleet Status Report Updated August 2023

May 2023

  • 15 May 23
    Shelf Drilling Fleet Status Report Updated May 2023

March 2023

  • 20 Mar 23
    Shelf Drilling Fleet Status Report Updated March 2023

November 2022

  • 10 Nov 22
    Shelf Drilling Fleet Status Report Updated November 2022

August 2022

  • 11 Aug 22
    Shelf Drilling Fleet Status Report Updated August 2022

May 2022

  • 12 May 22
    Shelf Drilling Fleet Status Report Updated May 2022

February 2022

  • 28 Feb 22
    Shelf Drilling Fleet Status Report Updated February 2022

November 2021

  • 10 Nov 21
    Shelf Drilling Fleet Status Report Updated November 2021

August 2021

  • 12 Aug 21
    Shelf Drilling Fleet Status Report Updated August 2021

May 2021

  • 11 May 21
    Shelf Drilling Fleet Status Report Updated May 2021

March 2021

  • 04 Mar 21
    Shelf Drilling Fleet Status Report Updated March 2021

November 2020

  • 14 Nov 20
    Shelf Drilling Fleet Status Report Updated November 2020

August 2020

  • 13 Aug 20
    Shelf Drilling Fleet Status Report Updated August 2020

May 2020

  • 13 May 20
    Shelf Drilling Fleet Status Report Updated May 2020

March 2020

  • 02 Mar 20
    Shelf Drilling Fleet Status Report Updated March 2020

November 2019

  • 13 Nov 19
    Shelf Drilling Fleet Status Report Updated November 2019

August 2019

  • 07 Aug 19
    Shelf Drilling Fleet Status Report Updated August 2019

May 2019

  • 16 May 19
    Shelf Drilling Fleet Status Report Updated May 2019

March 2019

  • 04 Mar 19
    Shelf Drilling Fleet Status Report Updated March 2019

November 2018

  • 14 Nov 18
    Shelf Drilling Fleet Status Report Updated November 2018

August 2018

  • 14 Aug 18
    Shelf Drilling Fleet Status Report Updated August 2018

May 2018

  • 28 May 18
    Shelf Drilling Fleet Status Report Updated 30 April 2018

March 2018

  • 06 Mar 18
    Shelf Drilling Fleet Status Report Updated 28 February 2018

November 2017

  • 20 Nov 17
    Shelf Drilling Fleet Status Report Updated 19 November 2017

August 2017

  • 22 Aug 17
    Shelf Drilling Fleet Status Report Updated 31 July 2017

May 2017

  • 28 May 17
    Shelf Drilling Fleet Status Report Updated 30 April 2017

Investor Relations Policy

Shelf Drilling, Ltd. has adopted an investor relations policy based on the Oslo Stock Exchange’s rules, regulations and recommendations for listed companies, in particular the Oslo Stock Exchange Code of Practice for IR (the “IR Code”), last amended on 1 March 2017. Shelf Drilling, Ltd. complies with the IR Code, except that it is unable to publish information about its top 20 shareholders because of restrictions under the laws of the Cayman Islands. Any future deviations will be explained, as required by the IR Code.

The overall objective of Shelf Drilling, Ltd.’s investor relations activities is to keep the capital markets informed about factors relevant for a fair valuation of the company’s traded securities. The investor relations policy is established to help the company build trust and awareness in its investor community by ensuring that investor relation activities are conducted in compliance with relevant rules, regulations and recommended practices. The investor relations policy helps the Company ensure that shareholders, potential investors, the market in general and other stakeholders gain simultaneous access to accurate, clear, relevant, comprehensive and up-to-date information about Shelf Drilling, Ltd.


Shelf Drilling Investor Relations Contact

If you have any questions or require any further information, Please contact:

Greg O’Brien, Chief Executive Officer
Shelf Drilling, Ltd.
Tel.: +971 4567 3616
Email: greg.obrien@shelfdrilling.com

Financial Calendar

FINANCIAL YEAR 2023

Q4 2023 RESULTS: 4 March 2024
ANNUAL REPORT: 15 March 2024

FINANCIAL YEAR 2024

Q1 2024 RESULTS: 15 May 2024
ANNUAL GENERAL MEETING: 12 June 2024
Q2 2024 RESULTS: 14 August 2024
Q3 2024 RESULTS: 13 November 2024

Please note, the dates are subject to change. Changes will be communicated through stock exchange notifications.

Key Documents

October 2024

  • 08 Oct 24
    Shelf Drilling, Ltd. - Exempted Document - 8 October 2024

January 2023

  • 06 Jan 23
    Shelf Drilling Holdings, Ltd. 2024 Senior Secured First Lien Notes Indenture – First Supplemental Indenture

September 2022

  • 26 Sep 22
    Shelf Drilling (North Sea) Holdings, Ltd. Indenture

August 2022

March 2021

  • 26 Mar 21
    Shelf Drilling Holdings, Ltd. 2024 Senior Secured First Lien Notes Indenture
  • 17 Mar 21
    Shelf Drilling Holdings, Ltd. 2024 Secured Notes Offering Memorandum

September 2020

  • 21 Sep 20
    Shelf Drilling Holdings, Ltd. Revolving Credit Facility

May 2019

  • 14 May 19
    Shelf Drilling Holdings, Ltd. 2025 Unsecured Notes Indenture - Fourth Supplemental Indenture
  • 09 May 19
    Shelf Drilling, Ltd. – Prospectus 2019

October 2018

  • 04 Oct 18
    Shelf Drilling Holdings, Ltd. 2025 Unsecured Notes Indenture - Third Supplemental Indenture

July 2018

  • 09 Jul 18
    Shelf Drilling Holdings, Ltd. 2025 Unsecured Notes Indenture - Second Supplemental Indenture

June 2018

  • 19 Jun 18
    Shelf Drilling Holdings, Ltd. 2025 Unsecured Notes Indenture - First Supplemental Indenture

February 2018

  • 07 Feb 18
    Shelf Drilling Holdings, Ltd. 2025 Unsecured Notes Indenture

Board of Directors

David Mullen, Executive Chairman of the Board

Mr. Mullen has over 40 years’ experience in the oil services business and currently serves as the Executive Chairman of the Board of Directors. He previously served as Shelf Drilling’s Chief Executive Officer from October 2012 to August 2024. In addition to this, Mr. Mullen also serves as an Independent Director of Subsea 7 S.A. since April 2018, and Senior Independent director since January 2021.  

Previous assignments include CEO and director of Wellstream Holdings PLC, a UK listed company that designed and manufactured subsea pipeline products and provided subsea services and installation, Chief Executive Officer of Ocean Rig ASA, a Norwegian listed ultra-deep water drilling contractor. Mr. Mullen also had a 23-year career at Schlumberger, including as President of Oilfield Services for North and South America. Mr. Mullen received a B.A. in Geology & Physics from Trinity College Dublin and an M.Sc. Degree in Geophysics from University College Galway.

Ernie Danner, Lead Independent Director

Mr. Danner joined our board of directors in October 2013 and now serves as a Lead Independent Director. He previously served as the Chairman of the Board from November 2018 to August 2024. Since January 2018 Mr. Danner has served as an Operating Partner of SCF Partners, a private equity firm focused on oil service investments, which he joined in October 2012. Currently Mr. Danner serves as Chairman of the board of directors of Nine Energy Service, Inc., a NYSE listed company providing completion services to oil and gas producers in North America and Chairman of the board of directors of BCCK Engineering, Inc, a private company that designs, fabricates and installs natural gas processing plants in North America. Mr. Danner also serves as Chairman of the board of directors of Pipeline Plastics LLC, a manufacturer of HDPE pipe. Mr. Danner served as President and Chief Executive Officer of Exterran Holdings Inc. from July 2009 to October 2011 and as a member of its board of directors from 1998 to October 2011. He also served as President, Chief Executive Officer and a director of Exterran GP LLC the general partner of Exterran Partners L.P. Exterran was a global leader in natural gas compression products and services and a provider of equipment and solutions for processing, production, air emissions and water treatment to the energy sector with over 10,000 employees with operations in 30 countries. Mr. Danner has a Masters of Accounting and Bachelor of the Arts degree from Rice University. Mr. Danner holds 527,977 common shares in the Company.

 

John K. Castle, Director

Mr. Castle joined our board of directors in November 2012 and has served as Chairman of the Nomination Committee since February 2019. Mr. Castle has served as Chairman and Chief Executive Officer of Castle Harlan, Inc. since 1987, and as Chairman and Chief Executive Officer of Branford Castle, Inc since 1986. Prior to forming Castle Harlan, Inc., Mr. Castle was President and Chief Executive of investment banking firm Donaldson, Lufkin & Jenrette, Inc. Mr. Castle is a board member of various private equity companies, and he has previously been a director of numerous private and public companies. He also served as a Director of the Equitable Life Assurance Society of the U.S. Mr. Castle is a Life Member of the Corporation of the Massachusetts Institute of Technology. Previously, he had served for 22 years as a Trustee of New York Medical College, including 11 of those years as Chairman of the board. Mr. Castle is a Trustee and Chairman of the Executive Committee of the St. Patrick’s Cathedral in New York City and is a member of the Finance Council of the Archdiocese of New York. From 2000 to 2018, Mr. Castle was a Director of Castle Harlan Australian Mezzanine Partners Pty Ltd and a Director of CHAMP Group Holdings Pty Ltd. He has served on various visiting committees at Harvard University, including the Harvard Business School. Mr. Castle received his Bachelor’s degree from the Massachusetts Institute of Technology, his M.B.A. as a Baker Scholar with High Distinction from Harvard University, and has four Honorary Doctorate Degrees of Humane Letters. Mr. Castle holds 500,000 common shares in the Company.

David B. Pittaway, Director

Mr. Pittaway joined our board of directors in July 2015. Mr. Pittaway is Vice Chairman and Senior Managing Director of Castle Harlan and has been with the firm since its founding in 1987. Prior to joining Castle Harlan, Mr. Pittaway was Vice President for Strategic Planning and Assistant to the President of Donaldson, Lufkin & Jenrette, Inc. Before joining DLJ, he was a management consultant in strategic planning with Bain & Company in Boston, Mass., and previously was an attorney with Morgan, Lewis & Bockius, specializing in labor relations. He is a board member of Caribbean Restaurants, LLC and has also served on the boards of multiple other Castle Harlan portfolio companies, including American Achievement Corporation, Statia Terminals Group N.V., Morton’s Restaurant Group and United Malt Holdings Inc. He also serves as Vice Chairman of Branford Castle, Inc. and Branford Chain, Inc. He is also currently a board member of The Cheesecake Factory Inc. Mr. Pittaway’s community interests include being a former director of the Dystrophic Epidermolysis Bullosa Research of America. In addition, he served for twenty years in the United States Army Reserve and, upon retiring as a Major, he co-founded and acts as a director of the Armed Forces Reserve Family Assistance Fund, which provides needed support for families of American service members whose breadwinners are serving their country in overseas conflicts. He is a graduate of the University of Kansas (B.A. with Highest Distinction), and has both an M.B.A. with High Distinction (Baker Scholar) and a Juris Doctor degree from Harvard University.

Benjamin Sebel, Director

Mr. Sebel joined our board of directors in November 2012. He is a Senior Advisor to Branford Castle Partners and was most recently a Managing Director at CHAMP Private Equity, having been with the firm from 2005 until 2014. Immediately prior, Mr. Sebel was a Managing Director at Castle Harlan for seven years, and is experienced in all aspects of private equity investment including deal origination, realizations and fundraising in both the United States and Australia. Immediately prior to joining Castle Harlan, Mr. Sebel worked at Goldman Sachs & Co. in its Capital Markets Group. Previously, Mr. Sebel spent two years as Special Advisor to the Hon. Nick Greiner AC, a former premier of New South Wales, and commenced his career in the Management Consulting Services Group of PricewaterhouseCoopers (Australia), where he also qualified as a Chartered Accountant. Mr. Sebel is currently Chairman of Rocking Horse Finance Group, Chairman of Gerard Lighting Group and an Investment Committee Member at Commencer Capital. Mr. Sebel was formerly on the board of Riverina Fresh Pty. Ltd., ATF Services, Centric Wealth Limited, Healthcare Australia Holdings Pty Limited, Study Group Pty Limited, United Malt Holdings, Ion Track, Inc., Associated Packaging Technologies, Inc., Equipment Support Services, Inc. and AdobeAir, Inc. Mr. Sebel holds a Bachelor of Commerce (First Class Honours) from the University of New South Wales, an M.B.A. from the Harvard Business School, and is a graduate of the Australian Institute of Company Directors. Mr. Sebel (partly through a close associate) holds 177,543 common shares in the Company.

Usama Trabulsi, Director

Mr. Trabulsi joined our board of directors in August 2017 and is a Managing Member of Integrated Renewable Energy Systems Ltd., a Saudi Arabia registered privately held limited liability company. Previously, he was the Chief Financial Controller (Deputy Minister Portfolio) of the Ministry of Petroleum and Mineral Resources, Riyadh, Saudi Arabia for over 14 years and the representative of the Minister of Petroleum and Mineral Resources to the Executive Committee, Auditing Committee and Compensation Committee of Saudi Aramco for over 13 years. Mr. Trabulsi has served on the board of directors of Arabian Oil Company from 1996 to 2003 and Arabian Oil Holdings, Inc. Japan from 2003 to 2007, in each case as the representative of the Saudi Government. In addition, Mr. Trabulsi served as the Chairman of the board of directors of “PEMREF” Petromin-Mobil Oil Refinery Company Ltd., a joint venture company between Petromin (the State-owned National Oil Company) and Mobil Oil Company from 1990 to 1993. Meanwhile, Mr. Trabulsi served as Executive Vice President for Operation and Marketing of SUMED Oil Pipelines Co., a joint venture company between Egypt, Saudi Arabia, Kuwait, UAE and Qatar. He received his B.A. in Economics and Political Science from the King Saud University in 1965 and received his M.B.A. from Michigan State University in 1970. Mr. Trabulsi holds 77,543 common shares in the Company.

David Williams, Director

Mr. Williams joined our board of directors in August 2017 and has served as Chairman of the Audit Committee since November 2018. He has served as the Chairman of PTL UK Topco Ltd since May 2019 and Tharsus Ltd of Newcastle upon Tyne since 2012. Previously, Mr. Williams was the Chairman of Shepherd Group Ltd of York from 2014 until April 2020, the Chairman of Ramco Ltd from March 2013 until January 2019, the Chairman of Frog Capital (previously known as Foursome Investments) for 13 years and the Interim Chief Executive Officer of Logstor Holdings A/S of Logstor, Denmark for two years. Prior to this, Mr. Williams was the Chairman, then Chief Executive, of Serimax Holdings SAS of Paris from June 2004 to June 2006 and June 2006 to October 2011, respectively. He also held several positions at 3i plc from 1985 to 2003, including regional managing director. Mr. Williams received a BSc (Hons) in Naval Architecture and Shipbuilding from the University of Newcastle upon Tyne in 1975, has a Certified Diploma in Accountancy and Finance and received an MSc from London Business School in 1985. Mr. Williams holds 77,543 common shares in the Company.

Xianzhi Mei, Director

Mr. Xianzhi Mei joined our board of directors in June 2023. He has been with China Merchants Industry Holdings Co. Ltd. (“CMI”) for more than twenty years, bringing extensive experience in the shipbuilding and manufacturing industry. Currently serving as Deputy General Manager of CMI since June 2022, he oversees the Planning, Operations, and Digital functions, driving strategic initiatives and leading digital transformation efforts. Mr. Mei’s career began in 2002 as a Repair Supervisor and Project Manager at Yiulian Dockyards in Shenzhen, China. He then advanced to managing various senior positions including the Production Department Deputy Manager overseeing the ship repairing segment of the business. Following CMI’s acquisition of Yiulian Dockyards in November 2011 (renamed CMHI Shenzhen), Mr. Mei assumed the role of General Manager Assistant at CMHI Shenzhen. From 2015 to 2021, he served as Deputy General Manager at CMHI Jiangsu, another shipyard under CMI, and concurrently as the General Manager of China Merchants Cruise Shipbuilding Co. Ltd., responsible for manufacturing and construction. In 2019, Mr. Mei was promoted to the General Manager of CMHI Jiangsu before relocating to CMI headquarters in Hong Kong SAR. Mr. Mei holds a bachelor’s degree in ship & marine power plants from Wuhan University of Technology, and a master’s degree in management science and engineering from Zhejiang University.

Executive Management

Greg O’Brien, Chief Executive Officer

Mr. O’Brien was appointed Chief Executive Officer in August 2024 and has spent his entire career in the oil and gas sector. Prior to his current role, Mr. O’Brien served as the Company’s Executive Vice President & Chief Financial Officer since 2016. He has also previously served as Director, Strategic Planning in charge of Shelf Drilling’s corporate development efforts. Mr. O’Brien joined Shelf Drilling from Lime Rock Partners, where he focused on oilfield services and exploration & production investment opportunities internationally. Before that, he held energy investment banking roles with J.P. Morgan and SunTrust Robinson Humphrey. Mr. O’Brien graduated from the McIntire School of Commerce at the University of Virginia.

William (“Kurt”) Hoffman, Executive Vice President and Chief Operating Officer

Mr. Hoffman has worked on rigs around the world and has over 40 years’ experience in the global oil and gas drilling industry. He joined Shelf Drilling in October 2012. From August 2009 to April 2011, Mr. Hoffman was Senior Vice President and Chief Operating Officer of Seahawk Drilling, a Houston and Gulf of Mexico-based jack-up drilling provider where he was responsible for the company’s daily operations and strategic business plan implementation. From 1991 through August 2009, Mr. Hoffman spent 18 years with Noble Corporation where he held senior operational and executive roles, including Vice President of Worldwide Marketing, Vice President of Western Hemisphere Operations and President of Noble’s engineering services division, Triton Engineering Services. Mr. Hoffman received a B.S. degree from Southwest Texas State University. Mr. Hoffman holds 581,470 common shares in the Company.

Ian Clark, Executive Vice President

Mr. Clark has over 40 years’ experience in the oil services business. Prior to joining Shelf Drilling in November 2012, Mr. Clark spent 12 years with Transocean Ltd. where he most recently served as Vice President of Human Resources and as part of its senior management team. Previous roles included Division Manager for Transocean Ltd.’s operations in Northeast Asia and also Managing Director for Nigeria. Before joining Transocean Ltd., Mr. Clark had a 20-year career with Schlumberger in various managerial, technical and marketing roles across Europe and Africa. Mr. Clark has a B.S. degree in Electrical and Electronic Engineering from Heriot-Watt University in Edinburgh, Scotland and completed both the Advanced Management Program at Harvard Business School and the Financial Times Non-Executive Director Diploma. Mr. Clark holds 464,413 common shares in the Company.

Norway IPO Documents/ Announcements