Belayim Petroleum Company (Petrobel) allowed a one-year extension for Shelf Drilling contract for Trident 16 jack-up rig, according to a press release.

The original contract was  awarded back in February 2019 to operate in the Gulf of Suez. It first began operating in Q1 of 2019, and following the contract extension, the expected availability of the rig is February 2021.

Shelf Drilling Offshore Company is the world’s largest contractor of jack-up rigs focusing on shallow water. The company is headquartered in Dubai and has rig operations across core operating regions – Southeast Asia, India, West Africa, Middle East, North Africa, and the Mediterranean.