Shelf Drilling, Ltd. (SHLF.OL)
Shelf Drilling, Ltd. operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Dubai, AE. The stock last traded at $18.44, up 0.00% on the session, giving a market capitalisation of $4.73B. Its beta of 1.67 implies it has historically moved more than the broad market.
Shelf Drilling, Ltd., through its various subsidiaries, operates as a specialized offshore drilling contractor, concentrating on shallow water environments. Its operations span a wide geographical area, including the Middle East, North Africa, the Mediterranean region, Southeast Asia, India, and West Africa. The company delivers crucial equipment and professional services for the entire lifecycle of oil and natural gas wells, from their initial drilling and completion to ongoing maintenance and eventual decommissioning. Its clientele comprises government-owned or state-controlled energy entities, globally integrated publicly traded oil companies, and independent exploration and production enterprises. As of December 31, 2021, Shelf Drilling, Ltd. owned a fleet of 30 independent-leg cantilever jack-up rigs. The firm was established in 2012 and is headquartered in Dubai, United Arab Emirates.
Shelf Drilling, Ltd. is most often compared with the following Energy names: