Tullow Oil has recently chartered the Noble Faye Kozack, owned by Noble Corporation, to conduct drilling operations off the coast of Ghana. This contract includes drilling up to 10 wells and is expected to commence in mid-2027. This vessel, built in 2013, is currently working for Petrobras off the coast of Brazil.
Contract Details with Noble Corporation
The charter of the Noble Faye Kozack by Tullow has been signed to enhance drilling activities in Ghana. This vessel has been considered a suitable choice for this project due to its high capabilities and successful track record in marine operations. Tullow also chartered the Noble Venturer in November 2025 for activities lasting approximately 360 days under a contract valued at $171 million.
Read more: Iranian Tanker Shipment on the Path of New Sanctions
Implications of This Contract for the Oil Industry
The charter of the Noble Faye Kozack signifies strong relations between Tullow and Noble Corporation. Black Denton, Senior Vice President of Marketing and Contracts at Noble, stated in a release that this contract reflects the robust collaboration and performance of their teams in the waters off Ghana. Such collaborations could strengthen the oil industry in the region and create more job opportunities.
Given the current trends in the oil market and the need for drilling in new areas, this contract could assist in expanding Tullow's activities in Ghana and exploiting the oil resources of the region. The commencement of these operations in 2027 is expected to be part of Tullow's overall strategy to increase oil and gas production in West Africa.
Read more: Iran's Oil Industry Faces a 200,000 Barrel Increase in Wartime Conditions · Uni-Tankers Orders Eight New Tankers in Stainless Steel
