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.”