Noble Corporation introduced that the ultra-deepwater drillship Noble Tom Madden has been awarded roughly 6.5 years of extra contract time period below the Commercial Enabling Agreement (CEA) with ExxonMobil for work offshore Guyana. The Noble Tom Madden was beforehand contracted till mid-February 2024 and the extra time period will lengthen the rig contract to mid-August 2030. The rig day charge will probably be up to date at the least twice per yr topic to a scale-based low cost and efficiency bonus below the CEA which additionally gives ExxonMobil the pliability to switch awarded time period between the Noble Don Taylor, Noble Bob Douglas, Noble Tom Madden, and Noble Sam Croft.
Robert W. Eifler, President and Chief Executive Officer of Noble Corporation plc, acknowledged, “We are extraordinarily happy to additional our relationship with ExxonMobil and their companions offshore Guyana. This award demonstrates the potential of the Commercial Enabling Agreement to align the pursuits of Noble and ExxonMobil whereas persevering with our participation in one of many world’s premier offshore exploration and growth alternatives and helps extra funding by Noble in native content material.”
Noble Tom Madden is a MSC Gusto p 10000 ultra-deepwater drillship constructed at Ulsan shipyard in South Korea by Hyundai Heavy Industries. The vessel was delivered in 2014.
(Source: Noble Corporation – Image: Noble Tom Madden)

The publish NOBLE CORPORATION SECURES 6.5-YEAR CONTRACT FOR NOBLE TOM MADDEN OFFSHORE GUYANA appeared first on Energy Global News.

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