PaxOcean has closes sale of a second jackup rig built based on the proven Gusto MSC CJ46 design to Noble Corporation. This marked the second purchase of a newbuild jackup rig by Noble following the purchase of Noble Johnny Whitstine earlier in September last year.

Built in PaxOcean Graha shipyard in Batam, Indonesia, the jackup rig will be used to support Noble’s drilling contract with Saudi Aramco.

The rig, to be named Noble Joe Knight, is capable of operating in deep water of up to 375 feet and well depths of 30,000 feet. Equipped with enhanced drilling features, it is supported by a modern drilling control system, along with a versatile cantilever skidding and two blowout preventers.

The purchase of a second rig from Noble reaffirms the quality and ability of PaxOcean’s high specification jack-up units to suit the drilling requirements in Middle East.

About Noble Corporation plc

Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 25 offshore drilling units, consisting of 12 drillships and semisubmersibles and 13 jackups, focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide

About PaxOcean

A subsidiary of Kuok Singapore Limited, PaxOcean owns and operates 6 shipyards located in Singapore, China and Indonesia. First established in 2007 in Singapore, PaxOcean offers a wide range of services covering offshore engineering, rig building, ship and rig repair, maintenance and conversion.

For more information, visit us at www.paxocean.com