Noble Corp. struck an agreement with its client, Freeport-McMoRan Oil & Gas (FMOG), and FMOG's parent company, Freeport-McMoRan, in connection with the drilling contracts for the drillships Noble Sam Croft and Noble Tom Madden, which were scheduled to terminate in July and November 2017…
Noble Corp.’s fleet report has revealed a two-year extension with supermajor Shell, dayrate adjustments, and the addition of another semisubmersible drilling rig to the cold stack list. The Noble Globetrotter I…
Noble Corp. anticipates the Noble Lloyd Noble newbuild jackup to have a delivery delay from the Sembcorp Marine Tanjong Kling shipyard, in addition to a delayed delivery date to Statoil due to damage endured to the rig last month. The…
A Noble Corp. newbuild jackup destined to work for Statoil in the North Sea sustained damage earlier this week at the Sembcorp Marine Tanjong Kling shipyard in Singapore, is expected to be delivered on time. Illustration of the Noble Lloyd Noble…
Noble Corp. has announced the resignation of James A. MacLennan, senior vice president, chief financial officer (CFO), and treasurer, effective 26 February 2016. Dennis L. Lubojacky, vice president and controller, will serve as interim CFO until a permanent replacement can be found…
Paragon Offshore is planning to file for bankruptcy this week in a deal that will eliminate more than US$1.1 billion of debt and reduce annual cash interest payments by nearly $60 million. Image from Paragon…
Noble Corp. will retire two offshore drilling units, jackup Noble Charles Copeland and former Shell Arctic drillship, Noble Discoverer, the company announced this week. The retirements bring Noble’s full fleet to 30 units. The Noble Discoverer contract…
Noble Corp. is expected to lay off 100-120 people that work on the Noble Danny Adkins semisubmersible drilling rig in the Gulf of Mexico. According to a letter from Noble’s director of personnel, to the Texas Workforce Commission, Noble…
Drilling contractor Noble Corp. is relocating its drillship Noble Discoverer to Singapore where it will be stacked after Shell terminated its contract on the rig. Shell had been using the Noble Discoverer for its failed arctic exploration in the Chukchi Sea alongside the Polar Pioneer…
Noble Corp. is the latest major oil and gas company to be linked to the Petróleo Brasileiro’s (Petrobras) Lava Jato bribery and corruption scandal, the offshore driller revealed in a regulatory filing to the US Securities and Exchange Commission…
Noble Corp.’s drilling rig, Noble Paul Wolff (pictured), experienced a “ballast control incident” off Brazil at 1 a.m. local time, the company reported 28 Feb 2014. The rig’s crew has secured the well, and Noble said that measures are underway to resolve the matter…
Noble Corp. today reported Q4 2013 net income of US$174 million, and for Q3 2013, the company reported net income of $282 million. Net income for the full year 2013 totaled $783 million, on revenues of $4.2 billion, compared to net income of $522 million on revenues of $3…
Noble Corporation has announced plans to spin off its standard specification drilling units into a new separate company. The new company will own and operate standard specification drilling units from the Noble fleet, with the new company focusing on high-specification assets…
Noble Corp. was awarded a four-year drilling contract from Statoil for work on the UK North Sea Mariner project using a new Cat J jackup. The contract is worth $655 million and includes a two-year option. Work will start in 2016.
Noble Regina Allen Illustration89 workers hurt after newbuild jack-up lists 89 workers were hospitalized following an accident at Jurong Shipyard in Singapore on 3 December 2012.The workers were onboard the Noble Regina Allen jack-up rig…
