Noble Secures New Drilling Contract Offshore Suriname Worth $17.7M

Group 1: Contract Award and Details - Noble Corporation plc has been awarded a new drilling contract for one well offshore Suriname, expected to begin in Q4 2025 with an estimated duration of 65 days [1] - The contract is valued at approximately 17.7 million, including mobilization and de-mobilization fees [2] Group 2: Rig Specifications and History - The Noble Regina Allen rig, built in 2013, features a Friede & Goldman JU3000N design and can drill to a maximum depth of 35,000 feet, operating in depths of 400 feet underwater [2] - The rig experienced a mechanical failure in its jacking system in 2022, leading to its demobilization and significant downtime, resulting in the cancellation of its multi-well contract [3] Group 3: Recent Developments and Backlog - After repairs in Rotterdam, the rig secured a contract with TotalEnergies in September 2023 for a three-well project at an operating day rate of 150,000, with additional one-well options [4] - As of February 2025, Noble Corporation's project backlog totals $5.8 billion [4]