Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Noble Corp. to Lease New Ultra-Deepwater Drillship to Anadarko

Noble Corp. signed a three-year contract to put its new ultra-deepwater drillship to work for Andarko Petroleum Corp. after the vessel is completed in the fourth quarter of 2013.

The drillship may earn as much as $618,000 a day, including a fee for moving the rig to its drilling location, Geneva-based Noble said in a statement after the market closed today. The Noble Bob Douglas rig, which will be able to operate in water as deep as 10,000 feet (3,045 meters), is expected to work primarily in the U.S. Gulf of Mexico, the company said.

It will have two blowout-prevention systems and is expected to generate $677 million during the three-year contract, according to the statement. The rate is “very good” for a three-year contract, Brian Uhlmer, an analyst at Global Hunter Securities LLC in Houston, who rates the shares a buy and owns none, said in a telephone interview.

Noble’s shares rose 0.2 percent to $33.32 in New York.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.