Monday, August 21, 2017

Ensco drillship wins contract with Noble Energy in Mediterranean Sea - WORLD OIL

August/21/2017

LONDON -- Ensco plc announced today that the ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea.

This contract is expected to commence in March 2018 and be completed in December 2018. The contract also includes four one-well priced customer options that if fully exercised would extend the contract into 2020. ENSCO DS-7 will be upgraded with a second blowout preventer.

This upgrade is expected to cost less than $10 million since it will utilize a blowout preventer currently in the company's inventory. Following its upgrade, ENSCO DS-7 will mobilize to the Mediterranean Sea to begin its contract with Noble Energy.



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