Noble News


The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

May 02, 2025

Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater…

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Apr 19, 2024

Prime Energy has informed that the Malampaya offshore gas field in the Philippines was able to deliver more than its export capacity as the grid of the country’s Luzon island was placed on red and yellow alerts.Prime Energy, operator of the Malampaya project…

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment…

Noble Viking Drillship Secures $80M Drilling Campaign with Prime Energy

Mar 15, 2024

Offshore drilling firm Noble Corporation has secured a new contract with Prime Energy for its drillship Noble Viking, which will be employed on a three well drilling campaign on Malampaya-Camago field, offshore Philippines.The contract also includes an additional one-well option…

Are North Sea Jack-Ups Set for Flat 2024?

Feb 21, 2024

Global jack-up marketed utilization has been on an upward trajectory since 2017, reaching its peak of 94% at the end of 2023. However, the outlook for the year ahead looks somewhat flat, though there is still time for new demand.The North Sea jack-up market has improved year-on-year since 2017…

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