Maersk Oil extends Noble Corporation jackup at huge discount

Maersk Oil extends Noble Corporation jackup at huge discount

Noble Corporation has announced that it has been given a 26-month extension from Maersk Oil for jackup rig Noble Sam Turner.

The jackup has been extended from late June 2016 through to late August 2018 at a day rate of $96,500. The rig is currently on a day rate of $197,000, having been reduced from $218,000 per day in December 2015.

The 2014-built jackup has been operating in the Danish North Sea for Maersk Oil since it was delivered from Sembcorp’s Jurong Shipyard in Singapore.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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