[bratticus]

Noble sues Marathon over cancelled $752 mln deal
Reuters / May 9, 2011

Noble Corp (NE.N), the second-largest offshore rig contractor by fleet size, is suing Marathon Oil Corp (MRO.N) over its cancellation of a four-year, $752 million contract for a rig in the Gulf of Mexico.

... Marathon, a Houston-based oil and gas producer, had also cited a force majeure condition for the contract because of a lack of deepwater permits in the Gulf of Mexico following last year's well blow-out and oil spill. ...