Noble Plans to Stack Rig; Lay Off 120-130 Employees

Noble Drilling will lay off 120 to 130 offshore workers as the company stacks its Noble Jim Day (UDW semisub) rig.

In a letter to the Texas Workforce Commission, Noble said that all affected employees work on the Noble Jim Day, a rig located in international waters in the Gulf of Mexico that reports directly to Noble’s offices in Sugar Land, Texas. The company is still finalizing its plans, according to the letter.

“Noble continues to actively market the rig, but has taken this prudent step to manage a gap in contract coverage,” John Breed, director, investor relations and corporate communication, Noble Drilling, said in an email to Rigzone.

The layoffs will occur over a period of 14 days and will begin Jan. 26, 2016.

“Noble plans to maintain some employees on the Noble Jim Day at the stacking location,” the letter states. “Although Noble may recall some employees to work should it secure a new contract for the Noble Jim Day, it expects the layoffs to be permanent.”

Noble Drilling is part of Noble Corporation, which had a total fleet of 32: 11 (in the United States, including the Noble Jim Day); 2 in South America; 5 in Europe & Mediterranean; 8 in the Middle East & India; and 6 in the Far East & Oceania, according to a Nov. 19 Fleet Status Report on the company’s website.

Valerie is an experienced writer and editor dedicated to providing useful and relevant career news about the oil and gas industry. Email Valerie at valerie.jones@rigzone.com

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