Noble Corporation announces sale of two jackups for $79 million

Source: Noble Corporation
Noble Lewis Dugger

Noble Corporation (NYSE: NE) today reported that it has entered into two separate Definitive Agreements for the sale of two standard jackup drilling units. The first agreement, for the 300-foot water depth capable jackup Noble Lewis Dugger, is with a wholly-owned subsidiary of Goimar S.A. de C.V., a private company in Mexico that owns and operates supply vessels, platform drilling rigs and jackups. This unit is being sold for $61 million and the closing is expected to occur in early 2013 after the unit has completed its contract with the current customer, PEMEX.

The second agreement is for the sale of the 150-foot water depth capable Noble Don Walker to Axxis Petroconsultants Limited, a private company in Nigeria that owns and operates drilling units. The unit has been cold-stacked in Cameroon since 2009. The purchase price is $18 million, and the closing is expected in early 2013. Both transactions are subject to customary closing conditions.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs