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AUSTRALASIA

PTTEP secures jack-up

LEADING drilling concern Noble Corporation has been awarded a contract with PTTEP in Australia that will see the return of the Tom Prosser jack-up for a single new production well at Montara.

Haydn Black
Noble Tom Prosser.

Noble Tom Prosser.

The contract duration is for just 60 days from September at a day rate of $US130,000, considerably lower than the $447,000 per day it was commanding in 2015.   The rig has been warm-stacked in the...

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