21 December 2020 10:28 GMT
Updated
21 December 2020 10:28 GMT
in
London
Dubai-based drilling contractor Shelf Drilling has agreed to sell for US$77.6 million the jack-up rig Shelf Drilling Journey to Adnoc Drilling, a subsidiary of the Abu Dhabi National Oil Company (Adnoc).
The transaction is subject to customary closing conditions and the rig is expected to be delivered during the first quarter of 2021, Shelf Drilling confirmed on Monday.
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