Noble nets two deepwater drilling contracts

May 12, 2023
Drillships Noble Faye Kozack and Noble Voyager will work offshore Brazil, Mauritania.

Offshore staff

SUGAR LAND – Noble Corp. reports that it has won two deepwater drilling contracts for its Noble Faye Kozack and Noble Voyager drillships, with Petrobras offshore Brazil and Shell offshore Mauritania, respectively.

The company’s contract with Shell is for the seventh-generation drillship Noble Voyager, which will drill one deepwater exploration well offshore Mauritania. The contract has an estimated duration of 60 days at an undisclosed dayrate, includes mobilization and demobilization fees, and is expected to commence in continuation of the Noble Voyager’s current contract with Shell.

It also includes options to extend the duration by up to 24 additional months, to be priced using an agreed fair market rate mechanism. The Noble Voyager is currently operating offshore Mexico for Shell.

Noble also says that it has been awarded a long-term contract with Petrobras for the ultra-deepwater drillship Noble Faye Kozack to perform drilling operations at the BM-S-11 and Tupi fields offshore Brazil. The contract has a firm duration of 2.5 years, with expected commencement in 4Q 2023.

The contract value is approximately $500 million including a mobilization fee and additional services provided. The Noble Faye Kozack is a dual-BOP, seventh-generation drillship which was built in 2013. It is currently operating in the US Gulf of Mexico.