Shelf Drilling and an affiliate of China Merchants & Great Wall Ocean Strategy & Technology Fund will terminate a rig arrangement drawn up in February.
Offshore staff
DUBAI, UAE – Shelf Drilling and an affiliate of China Merchants & Great Wall Ocean Strategy & Technology Fund will terminate a rig arrangement drawn up in February.
This concerned the bareboat charter of, and option to buy, two CJ-46 jackups.
Termination will take effect upon settlement of a total charter payment of $4 million, payable this month.
