Chevron Extends Shelf Drilling's Contracts Offshore Thailand

Chevron Corporation(CVX) has extended the Shelf Drilling’s contracts for its Chaophraya and Krathong rigs, which have been operating offshore in Thailand for another two years. The combined contract valued at $197 million will ensure continued operations after the completion of its current contract in the second half of 2025. The contract extension will maintain CVX’s drilling activities in the Gulf of Thailand and mark a successful partnership between Chevron and Shelf Drilling in offshore exploration.Cust ...