Oslo-listed jackup rig player Shelf Drilling has won a three-year contract award for one of its drilling rigs from India’s ONGC. The 1982-built J.T. Angel jackup was hired for operations in the Mumbai High area off the coast of India under a contract worth approximately $40m. The rig is currently undergoing a contract preparation project, with operations expected to begin in October 2025. “The contract reflects the near-term competitive environment in India, which is a strategically important market for Shelf Drilling, and we remain confident in its long-term fundamentals,” said Greg O’Brien, Shelf Drilling CEO. Separately, as part of the company’s ongoing review of its fleet, it has determined to dispose of the 1982-built Trident XII, which completed its drilling contract with ONGC earlier this year and is currently stacked in India. The intended sale will be for non-drilling purposes. This comes a week after Shelf Drilling landed a five-year contract extension with Saudi Aramco for its High Island V unit. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsIndia United Arab Emirates