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Shelf Drilling awarded a three-year contract worth approximately $40 million with ONGC for operations in Mumbai High, India.

Jul 04, 2025•12 months ago

Contract Type

contract

Saudi ArabiaEnergyOil And Gas

Description

Shelf Drilling has announced a three-year contract win for the J.T. Angel jack-up rig with ONGC. The contract is valued at about $40 million, with operations set to begin in October 2025.

Company Information

Company

Shelf Drilling

Location

Saudi Arabia

About

Shelf Drilling is a Dubai-headquartered provider of shallow-water drilling services with a leading position in key global markets.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.