Offshore contractor Noble Corp won two short-term contracts for drillship Noble Bob Douglas

Noble Bob DouglasThe offshore contractor Noble Corporation was awarded with two new short-term works in US Gulf of Mexico and Suriname, according to the company’s latest fleet status report. The drillship Noble Bob Douglas will work for Murphy Oil in the Gulf of Mexico from early July 2017 to late July 2017 at an undisclosed rate. After completion of the project, the ship will start a contract with Tullow Oil offshore Suriname from early October 2017 to early November 2017 again at an undisclosed rate. The Noble’s rig has been jobless since its contract with Apache also off Suriname ended in mid-April. The new contracts are good news for Noble Corporation, which suffers from increasing number of stacked rigs following the collapse in offshore oil sector.

The bad news for the offshore contractor is that jackup rig Noble Hans Deul, which was working in UK, contract was terminated by Shell. The rig will work until late September 2017 instead of the original estimate of early August 2018. If Noble Corp receives no compensation for this termination, the backlog hit will exceed 25 million USD.

Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 28 offshore drilling units, consisting of 14 drillships and semisubmersibles and 14 jackups, focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide.