PRESS RELEASE
SHELF DRILLING ANNOUNCES CONTRACT UPDATE IN THE MIDDLE EAST
Dubai, November 18, 2025 - Shelf Drilling, Ltd. ("Shelf Drilling" or the
"Company", OSE: SHLF) announced today that it has received a notice to resume
operations for the Harvey H. Ward jack-up rig in the Middle East.
The rig's operations were previously suspended by the customer effective
September 2024. Following the recent notice, the Harvey H. Ward is expected to
restart its contract before the end of January 2026. The contract end date is
now October 2029.
About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling
contractor with rig operations across the Middle East, Southeast Asia, India,
West Africa, the Mediterranean and the 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 investor.relations@shelfdrilling.com.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.