POLICY

Vietnam cancels Noble contract

MORE news comes out of Vietnam’s ongoing sovereignty and resource development standoffs with China as the pro-democracy Radio Free Asia reported this week Noble Corp has warm stacked its Noble Clyde Boudreauxsemi-submersible. 

 The Noble Clyde Boudreaux

The Noble Clyde Boudreaux

  RFA said Vietnam had cancelled the contract, but will pay the company an undisclosed sum for the cancelation of the rig, which was headed to a field close to the Vanguard Bank in waters in the nation's...

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