New York and Copenhagen-listed offshore rig owner Noble Corporation has secured more work for its drillships and a pair of jackups units.
The 2011-built floaters Noble Globetrotter I and 2013-built Noble Globetrotter II have both received additional contracts from Shell for work in the US Gulf of Mexico.
The Globetrotter I has been fixed until late February 2024 at $390,000 per day. The deal is an extension of the rig’s initial fixture which starts in November until February next year at $375,000 per day. The rig previously worked for Petronas offshore Mexico earning a dayrate of $325,000.
Meanwhile, the Globetrotter II, which has worked for Shell since 2019, has been secured until early March 2024 at a dayrate of $398,500.
Both deals have added about $56m to Noble’s backlog, which at the end of October stood at $4.7bn.
In addition to drillship contracts, The 2009-built jackup Noble Reacher was extended by 15 months with TotalEnergies in the North Sea via previously priced options, extending the rig’s firm contracted period to mid-2025 with one year of priced option remaining.
The 2008-built Noble Resilient has also been awarded a 120-day contract with Petrogas in the North Sea at a dayrate of $133,000. The contract should start in the third quarter of 2024.
Noble posted a third-quarter net profit of $158m and will be increasing its quarterly dividend to $0.40 per share in the fourth quarter. The company lifted its guidance for total revenue to a range of $2.5bn to $2.6bn and adjusted EBITDA to a range of $775m to $825m.
