Global Leader in International Ship Building Industry News

posted in:

Noble Energy - www.youroilandgasnews.com

Noble Energy announces agreement for new build drillship

Monday, Oct 01, 2012

Noble Energy, Inc. (NYSE: NBL) today announced that it has entered into a 36 month contract with a subsidiary of Atwood Oceanics Inc. (NYSE: ATW) for a new build drillship to support its global new ventures efforts in deepwater exploration and development.  The agreement demonstrates the Company's commitment to global offshore exploration.

The drillship Atwood Advantage is currently under construction by Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea.  Delivery is anticipated in the fourth quarter of 2013 when the rate of $584,000 per day will be initiated.  The dual BOP stacks, enhanced offline capabilities, 12,000 feet water depth/40,000 feet drill depth ratings and the increased mobility will add flexibility to Noble Energy's global exploration program.  The rig's advanced capabilities are sufficient to reach the deep oil target in the Eastern Mediterranean, which will be the first exploration prospect drilled.

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Further information is available at www.nobleenergyinc.com.

SOURCE Noble Energy, Inc.

posted in:

Other Ship Building News

Farstad Shipping ASA - charter agreements 23-04-2014
ISS promotes talent 11-04-2014
Redline Communications Extends High Speed Wireless to Vehicles, Ships and Offshore Oil and Gas Operations 10-04-2014
AkzoNobel introduces pioneering software for shipping industry 04-04-2014
AkzoNobel develops pioneering software for shipping industry 03-04-2014
ISS advises status of ports following Chile earthquake and tsunami warning 03-04-2014
Intergraph announces that Saipem Enters an Agreement to Standardize on Intergraph® SmartPlant® Technology 03-04-2014
ISS announces Brazil nomination for offshore project 02-04-2014
Canadian Shipowners Association thanks the Government of Canada for additional icebreaking support 31-03-2014
L-3 MAPPS Selected to Design the Integrated Platform Management System for the Royal Canadian Navy’s Arctic/Offshore Patrol Ship Project 28-03-2014