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Noble exercises option for fourth drillship

Noble Corporation (NYSE:NE) today announced that a subsidiary has exercised its option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for the construction of an additional ultra-deepwater drillship, the fourth such drillship to

Cosco Dalian goes to Inocean AS for drillship design

China’s Cosco (Dalian) Shipyard Co. Ltd. has awarded Norwegian naval architect firm Inocean a contract for development and basic design of a new compact ultra deepwater drillship, INO-80, suitable for global operation.