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2011 September 2   09:37

Noble confirms drillship option with Hyundai Heavy Industries

Hyundai Heavy Industries (HHI) has won a total of 10 drillship orders this year after Noble Corporation confirmed an option to build one more at the South Korean yard, Seatrade Asia online reports.Noble announced on Thursday that it has exercised an option with HHI to build an additional ultra-deepwater drillship, its fourth such drillship to be ordered this year.
HHI's Ulsan yard is expected to delivery the $630m drillship during the second-half of 2014, according to Noble.
“We continue to see an increase in deepwater demand, both near and longer-term,” said David W. Williams, chairman, president and ceo at Noble. “This view is bolstered not only by geologic successes in the traditional regions offshore the US Gulf of Mexico and Brazil, but also by emerging regions offshore West Africa, Indonesia, the Black Sea, India and eastern Africa.”

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