Shell idles Noble drillship

  • Business & Finance

Oil major Shell has decided to idle one of Noble Corporation’s drillships operating for the company in the Gulf of Mexico. 

Noble informed in its fleet status report on Tuesday that Shell had exercised a contractual right to idle the 2013-built drillship Noble Don Taylor for the remainder of its contract, or 183 days ending February 25, 2019.

The drillship has been working for Shell in the U.S. Gulf of Mexico since August 2013.

During the idle period, the rig will receive daily revenue of $420,000, Noble said.

The driller also said that Shell can redeploy the rig at any time within the remaining contract period, and the company is free to secure immediate contract opportunities.

Meanwhile, the 2014-built drillship Noble Tom Madden is preparing for mobilization in Guyana. The rig’s contract with ExxonMobil starts in mid-October 2018 with an end date in December. The contract also includes up to three priced options.

Offshore Energy Today Staff

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