Noble Corporation gets further contract extension from Hess

Noble Corporation has earned a further contract extension for one of its offshore drilling rigs in the Gulf of Mexico.

The contract with New York-based oil company Hess Corporation is for the semi-submersible Noble Paul Romano and lasts from mid December 2016 to late May 2017 at a day rate of $128,500.

It is the second extension of this contract for the rig which was built in 1991 and modernized in 1998. In September, it received an 80-day extension to its contract but at a much-reduced day rate, coming down from $304,000 to the current $128,500.

London-headquartered offshore drilling contractor Noble has its main US office in Sugar Land, Texas.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.
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