Genel Energy: Rig contract for Mediterranean and Atlantic Margin plays


London-listed Genel Energy has signed a drilling rig contract with Noble Corporation for the Noble Paul Romano deep-water semisubmersible rig. The rig will be used for a two-year drilling programme, starting in Q4 2013. The rig has a rated water depth of up to 1,800 metres and a drilling depth of 7,500 metres. AGR will be providing drilling management services.