Shelf Drilling Awarded New Contract in India with ONGC

09 Jan 2023 07:23 CET

PRESS RELEASE

SHELF DRILLING AWARDED NEW CONTRACT IN INDIA WITH ONGC

Dubai, January 09, 2023 – Shelf Drilling, Ltd. (“Shelf Drilling” or the
“Company”, OSE: SHLF) announced today that it has received a three-year contract
award for the Trident II jack-up rig with Oil and Natural Gas Corporation (ONGC)
for operations in the Mumbai High, offshore India. The rig will continue
operations in direct continuation of its current contract following an out of
service period in preparation for the new three-year award.

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.

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