See below:
Noble Corporation plans to swap out an underperforming rig for key client Petrobras and take a $40 million charge for an abandoned upgrade.
News wires 17 January 2011 23:03 GMT
The Noble Phoenix, now working in Brunei for Royal Dutch Shell, would move to Brazil later this year to replace the Noble Muravlenko drillship to address "reliability issues" faced by the latter rig, Noble said in a statement today.
Ironic, as NDO would be hoping to rise from the ashes with the drilling of Gindara...
p1000
not phoenix for gindara
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