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StatOil Awards Drilling Contract to Noble

Noble Corporation plc Equinor
AnnouncedMay 15, 2013
TypeProperty
LocationNorth Sea
Announced Date
May 15,2013
Close Date
May 15,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
655




Snapshot
Asset/Basin:
{"North Sea"}
Location
Region
North Sea

Country
Norway

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Operator Statoil has on behalf of Mariner partners JX Nippon Exploration and Production (U.K.) Limited and Cairn Energy PLC, awarded the contract for drilling services on the Mariner project based on Cat J design to Noble Corporation.

The new Category J rig will be able to operate at water depths from 70 to 150 metres and drill wells down to 10,000 metres.

It is a tailor-made jack-up rig for operations in harsh environment on both surface and subsea wells in the shallow water segments.

"Noble Corporation has per today four operations in the UK, and this new jack-up operation will be handled…