Noble orders two ultradeepwater drillships

By OGJ editors
HOUSTON, Jan. 20
-- Noble Corp. ordered two ultradeepwater drillships to be constructed by Hyundai Heavy Industries Co. Ltd. at its shipyard in Ulsan, South Korea, with expected deliveries to Noble in the second and fourth quarters of 2013.

The new drillships, to be capable of drilling in 12,000 ft of water, are to be named later. Cost is estimated at $605 million each. The contract includes a fixed price option for up to two additional drillships, which must be declared by early May 2011 for delivery in 2014.

"We believe the fundamentals of the global ultradeepwater market will continue to be strong in the decade ahead," said David W. Williams, Noble chairman, president, and chief executive officer.

Each unit will have the ability to handle two complete blowout preventer systems, a construction crane to deploy subsea production equipment, and accommodations for up to 200 crew members.

On Jan. 17, Noble announced Royal Dutch Shell PLC signed a Letter of Intent for a 5½-year drilling contract for a newbuild ultradeepwater drillship expected to commence in the second half of 2013.

Related Articles

Gassco takes operatorship of Valemon gas pipeline

10/09/2014

Norway’s Gassco AS has taken over operatorship of the 177-km, 22-in. Valemon rich gas pipeline following approval of a pressure test.

Windy Cove to invest $700 million in US carbon dioxide EOR projects

10/09/2014 Blackstone Energy Partners and Blackstone Group affiliates have formed Windy Cove Energy LLC with a commitment to invest as much as $700 million of...

EIA: Crude oil prices held down by rising global supply, lower demand

10/08/2014 With global demand forecasts being revised lower while supply continues to rise, North Sea Brent crude oil prices have fallen to about $91/bbl—the ...

Lukoil commissions Imilorskoye field in West Siberia

10/08/2014

OAO Lukoil reported commissioning of Imilorskoye field in western Siberia.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected