Noble said the four year primary term contract has an estimated total value of $655m, including mobilisation.
The company has estimated the delivered costs to be around $690m, including project management, spares and start-up costs.
Under the contract, Noble will construct the ultra-high specification jackup, which will be a modified version of Statoil’s ‘Cat J’ specification.
The jackup rig, which will have a maximum total drilling depth capacity of 10,000m, will be designed to operate in water depths of up to 150m in harsh environment conditions.
The rig can be deployed either as a surface or subsea blowout preventer when drilling wells in tough environments.
