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Shelf Drilling Secures $50m Jackup Extension From Chevron in West Africa

Summary by Splash247
Oslo-listed jackup rig player Shelf Drilling has won a one-year contract extension for one of its rigs. Cabinda Gulf Oil Company, a Chevron subsidiary, extended the contract for the 2007-built Shelf Drilling Tenacious rig for drilling operations offshore West Africa. The extension will begin in direct continuation of the rig’s current contract, extending the commitment …
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The Executive issued three supreme decrees that modified the licensing contracts for the exploration and exploitation of hydrocarbons in lots Z-61-Z-62 and Z-63, in the Continental Zocalo.Thus, the North American giant Chevron, the world's third largest oil company, joined as an investor to accompany the owner, Anadarko.The three lots are in the Trujillo Basin, off the coast of La Libertad and Lambayeque.The modification of the contracts also al…

·Peru
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The U.S. oil company Chevron received validation from the Peruvian authorities to be part of the oil exploration on the northern coast of Peru, after the discovery of possible signs of a new offshore oil field, as reported by the Ministry of Energy and Mines in an official statement. The Peruvian government approved the modification of contracts for exploration and exploitation of lots Z-61, Z-62 and Z-63 to incorporate Chevron, after the U.S. a…

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Splash247 broke the news in on Friday, August 22, 2025.
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