Shelf Drilling
Shelf Drilling, formally known as Shelf Drilling, Ltd., is a prominent player in the offshore drilling industry, headquartered in the United Arab Emirates (AE). Established in 2012, the company has rapidly expanded its operations across key regions, including the Middle East, North Africa, and Southeast Asia. Specialising in shallow water drilling services, Shelf Drilling offers a fleet of high-quality jack-up rigs, distinguished by their operational efficiency and reliability. The company’s commitment to safety and environmental stewardship sets it apart in a competitive market. With a strong market position, Shelf Drilling has achieved significant milestones, including strategic partnerships and a robust portfolio of contracts, reinforcing its reputation as a trusted provider in the offshore drilling sector.
DitchCarbon Score
How does Shelf Drilling's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Construction Work industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Shelf Drilling's score of 35 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shelf Drilling's reported carbon emissions
In 2023, Shelf Drilling, headquartered in the United Arab Emirates (AE), reported total carbon emissions of approximately 1,294,543,000 kg CO2e. This figure includes 298,464,000 kg CO2e from Scope 1 emissions, 661,000 kg CO2e from Scope 2 emissions, and a significant 995,079,000 kg CO2e from Scope 3 emissions. The company's revenue for the year was about USD 881.4 million. Comparatively, in 2022, Shelf Drilling's emissions were approximately 1,129,111,000 kg CO2e, comprising 252,943,000 kg CO2e from Scope 1, 680,000 kg CO2e from Scope 2, and 876,168,000 kg CO2e from Scope 3. This indicates a rise in total emissions year-on-year, primarily driven by an increase in Scope 3 emissions. Shelf Drilling has set ambitious climate commitments, aiming to reduce its average daily per rig Scope 1 emissions by 20% over a five-year period from a 2021 baseline, targeting completion by 2026. Additionally, the company has a near-term goal to reduce Scope 1 emissions per rig per day by 4% in the fourth quarter of 2022 compared to the 2021 average. The company’s emissions intensity metrics include approximately 25,080 kg CO2e per operating day and 0.00033 kg CO2e per USD of revenue for Scope 1 and 2 combined in 2023. These figures reflect the company's ongoing efforts to monitor and manage its carbon footprint effectively. Overall, while Shelf Drilling has made commitments to reduce its emissions, the increase in total emissions in 2023 highlights the challenges faced in achieving these targets within the context of its operational scale and industry dynamics.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 263,187,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 693,630 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 34,949,350 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Shelf Drilling is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
