Noble rig to extend Colombia stay by 390 days
Petrobras Extends Contract for Noble Discoverer Rig
Brazil’s state-owned oil giant Petrobras has opted to extend its contract for the Noble Corporation’s semisubmersible drilling rig, the Noble Discoverer. Originally deployed in Colombia in June 2024, the rig’s contract was set to expire in July 2025. However, Petrobras has now exercised an option to prolong this agreement by an additional 390 days, pushing the end date to approximately August 14, 2026.
Future Contract Possibilities
The *Noble Discoverer*, built in 2009, has been actively engaged in drilling operations for Petrobras in Colombian waters. The recent contract extension is a strategic move for the company as it continues to focus on enhancing its offshore oil production capabilities. This extension solidifies Petrobras’ commitment to maintaining operational efficiency and stability in its drilling operations.
Moreover, there remains an unpriced option for an additional 400 days beyond this latest extension. Should this option be exercised, it would ensure that the *Noble Discoverer* remains operational until the third quarter of 2027. Such an extension underscores Petrobras’s confidence in the rig’s performance and its critical role in the company’s future drilling plans. With ongoing developments in Colombia’s oil sector, the extended contract positions Petrobras to capitalize on emerging opportunities in the region.
