Friede Goldman Halter, Inc. has announced that one of its subsidiaries has sold its minority equity interest in Ilion LLC for $12.8 million to Noble Drilling Corporation. The Ilion, a Friede and Goldman designed semi submersible
, is in the Friede Goldman Offshore
shipyard in Pascagoula, Miss. Additionally Friede & Goldman, Ltd., recently received a contract from Noble Drilling to perform design engineering for phase one upgrading of the semi submersible. Phase one specifically involves the upgrading of the rig's hull.