Shelf Drilling announces successful contract awards for the Adriatic I and Shelf Drilling Mentor jack-up rigs in Nigeria, with a combined estimated contract value of $93 million.

This rig is currently under contract with China's CNOOC and is operating in the UK North Sea, specifically at the Golden Eagle offshore oil field.

The scope of work includes plugging, drilling, and completion of well 15/8-G-1 AH.

This marks the 14th exploration well in production license 035, which was originally awarded in 1969.

The company drilled the well using the Noble Innovator jackup rig and plans to use the OSV North Sea Atlantic for the installation of subsea infrastructure from September 24 for approximately two weeks.

This discovery was found within a Jurassic reservoir zone characterized by high-quality sandstones.

Orcadian Energy has entered into a provisional agreement with an operator for a potential farm-in to its £1 billion Pilot project located in the North Sea.

Shell anticipates that Jackdaw, located about 155 miles east of Aberdeen, will begin production around the middle of this decade.

The company recently completed appraisal drilling for the Sapakara South and Krabdagu oil discoveries, confirming combined recoverable resources of nearly 700 million barrels.

The final investment decision for the project was made in 2021 when BHP approved $544 million in capital expenditure for the Shenzi North oil project.