Assistance to the offshore drilling contractor Shelf Drilling with the acquisition of five jack-up rigs

Poul Schmith has been a part of a team of legal service providers from multiple jurisdictions whom have assisted Shelf Drilling in a deal for the purchase of five jack-up rigs, worth $375 million, from Noble Corporation. The rigs included in the agreement were Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble. As part of the deal, all onshore and offshore related staff, support and infrastructure associated with these rigs were transferred to Shelf Drilling.