trending Market Intelligence /marketintelligence/en/news-insights/trending/tocgwaegloaxfyzzt59hoa2 content esgSubNav
In This List

Eni grants Shelf Drilling new contract, extends another


Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings


S&P Capital IQ Pro | Powered by Expert Insights


Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

451 Research Podcast

Next in Tech | Episode 41: IoT's Role in Energy and Utilities

Eni grants Shelf Drilling new contract, extends another

Italy's Eni S.p.A. on Oct. 5 granted a contract to a Shelf Drilling Ltd. subsidiary for jack-up drilling unit Key Singapore for operations in the Adriatic Sea offshore Italy.

Eni also awarded a contract extension to the Key Manhattan unit.

The contract with Key Singapore is for two years and has an expected start-up window of May to July 2019. It also includes a one-year option period. The contract value was not disclosed.

The Key Manhattan contract will be extended until July 2021. The unit has been working with Eni offshore Italy since 2010.

Shelf Drilling is a shallow-water offshore drilling contractor with rig operations across the Middle East, Southeast Asia, India, West Africa and the Mediterranean.