Exxon Hires Noble Corp. Drillship on 6-month Term in Guyana

Offshore drilling contractor Noble Corporation has won a six-month contract for its Noble Sam Croft drillship with ExxonMobil in Guyana. Noble shared the news as part of its 2Q results presentation in which it posted a loss of $42 million.

The drilling company, which last week filed for Chapter 11 bankruptcy, said Wednesday ExxonMobil had awarded the Noble Sam Croft drillship a new 6-month contract to drill offshore Guyana, with operations expected to start in the fourth quarter of 2020 after the rig finishes its current program offshore Suriname.

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