Are IMO regulations tough enough to keep national governments from imposing stricter measures?

Only partly
No--expect a slew of regional regs!

Marine Log

F&G JU2000E

September 4, 2007

Noble takes delivery of jackup from Dalian

Noble Corporation (NYSE: NE) today reported that it has taken delivery of a new high-specification jackup drilling rig constructed by Dalian Shipbuilding Industry Co. Ltd. in Dalian, People's Republic of China.

The Noble Roger Lewis, the first of three such rigs being built for the company, is in transit to its inaugural drilling assignment in Qatar, where it will work under contract to Shell.

The Noble Roger Lewis is based on the proven F&G JU-2000E design and includes enhanced environmental protection, safety and drilling efficiency features to meet the ever-increasing requirements of worldwide exploration and production operations.

"With the delivery of the Noble Roger Lewis, the Company has successfully added both a high-specification jackup and an ultra-deepwater semisubmersible, the Noble Clyde Boudreaux, to our fleet this year," said Noble Chief Operating Officer David W. Williams. "These additions, as well as the units we expect to take delivery of in 2008 and 2009, continue to enhance our asset and revenue base and further strengthen our ability to serve our customers."

The Noble Roger Lewis is designed to operate in water depths up to 400 feet and is equipped to drill wells in high-pressure/high-temperature environments up to 30,000 feet deep. Compared to many other jackups, the Noble Roger Lewis has more deck space, higher variable load, more drilling capacity, greater cantilever reach (up to 75 feet), and accommodations for a greater number of personnel.