Shelf Drilling Awarded a New Contract in Nigeria

23 Dec 2022 08:57 CET

PRESS RELEASE

SHELF DRILLING AWARDED NEW CONTRACT IN NIGERIA

Dubai, December 23, 2022 – Shelf Drilling, Ltd. (“Shelf Drilling” or the
“Company”, OSE: SHLF) announced today that it has secured a one-year contract
for the Trident VIII jack-up rig for operations offshore Nigeria. The rig will
complete a short out-of-service project prior to expected contract commencement
in Q2 2023.

About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling
contractor with rig operations across Middle East, Southeast Asia, India, West
Africa, Mediterranean and North Sea. Shelf Drilling was founded in 2012 and has
established itself as a leader within its industry through its fit-for-purpose
strategy and close working relationship with industry leading clients. The
company is incorporated under the laws of the Cayman Islands with corporate
headquarters in Dubai, United Arab Emirates. The company is listed on the Oslo
Stock Exchange under the ticker “SHLF”.

Additional information about Shelf Drilling can be found at
www.shelfdrilling.com.

Contact details
For questions or comments, please contact communications@shelfdrilling.com.


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

More information:
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