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Noble Corporation signs commercial enabling agreement with ExxonMobil.

International Resource News-February 12, 2020--Noble Corporation signs commercial enabling agreement with ExxonMobil

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International Resource News - 12 February 2020

Noble Corporation plc, an offshore drilling contractor for the oil and gas industry, has signed a commercial enabling agreement with United States-based ExxonMobil for drilling services in the Guyana-Suriname Basin.

The agreement defines contract terms for the continuation of drilling services using certain drilling units in the company's fleet.

The ultra-deepwater drill ships Noble Bob Douglas, Noble Tom Madden and Noble Don Taylor, which are presently executing drilling assignments for ExxonMobil offshore Guyana, are included in the framework agreement, and other drilling rigs are likely to be added to the contract. The Noble Bob Douglas is situated on the Liza Phase I field development project, while the Noble Tom Madden and Noble Don Taylor are assigned to exploration drilling in the region. The contract allows for allocation of six additional years dependent on future development decisions and government approvals, and the potential for incremental contract term, or rigs as required.

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Publication:International Resource News (IRN)
Date:Feb 12, 2020
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