Noble Corporation Company News

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Wolford Joins Diamond Offshore
Tuesday, May 11, 2021Diamond Offshore Drilling has named a new president and CEO, and its board has elected a new chairman.

Exxon Strikes More Oil Offshore Guyana
Wednesday, April 28, 2021ExxonMobil reported another oil discovery in the Stabroek Block offshore Guyana.

North Sea Operator Kicks Off Drilling Campaign
Tuesday, April 13, 2021IOG reported Monday that it has spud the first of five planned development wells in Phase 1 of its Core Project.

Noble Rig to Drill Offshore Australia Wells
Thursday, March 04, 2021The Noble Tom Prosser will drill two Santos-operated exploration wells in the Bedout Basin.

Apache and Total Evaluate Suriname Discovery
Tuesday, September 15, 2020Apache Corp. and Total S.A. have updated the technical evaluation of their Kwaskwasi-1 discovery well in Block 58 offshore Suriname.

Russia Exemplifies Sign of Times in Oil Market
Friday, August 21, 2020Check out this review of oil market hits and misses for the week ending Aug. 21, 2020

Offshore Drilling Contractor Files Chapter 11
Friday, July 31, 2020Noble Corp. plans to cut more than $3.4 billion of debt.

Apache and Total Strike Oil Offshore Suriname
Thursday, July 30, 2020Apache Corp. and Total S.A. Wednesday afternoon reported a major oil discovery in Block 58 offshore Suriname.

ExxonMobil Resumes Guyana Drilling
Monday, July 13, 2020Two of Exxon's four drillships went back to work, according to data published Friday by Baker Hughes Co.

Small Shale Stocks Lead Energy Rally Post OPEC Extension
Monday, June 08, 2020Small shale producers and offshore drillers are among stocks soaring after the wider OPEC+ group agreed to extend output curbs.

Noble Completes Leadership Transition Plan
Tuesday, May 26, 2020Robert W. Eifler has been named president and CEO.

Noble Corp. Names New CFO
Tuesday, March 17, 2020The former CFO made the decision to leave following the company's recently announced CEO transition plan.

Noble Corp. Receives NYSE Notice
Monday, February 24, 2020Noble has six months to bring its share price and thirty trading-day average share price above $1.00.

Noble Corp. Shuffles Leadership, Reports 4Q Earnings
Friday, February 21, 2020For the year, Noble saw a net loss of $701 million, of which $4 million is tied to discontinued operations.

Exxon Boosts Guyana-Suriname Drilling Role for Noble
Wednesday, February 12, 2020Noble Corp. plc has executed a commercial enabling agreement with ExxonMobil that provides a framework for ongoing drilling services in the Guyana-Suriname Basin.

Noble to Buy Newbuild Jackup
Friday, February 15, 2019Rig expected to begin operations during the third quarter of 2019.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018Noble has racked up new contracts in the US Gulf, Australia and South America.

Digitization at Work: GE and Noble Launch Digital Rig
Thursday, February 22, 2018GE and Noble launch the world's first digital drilling vessel, which will detect potential failures 2 months before they occur and reduce OPEX by as much as 20%.

Sembcorp Marine Delivers World's Largest Jackup Noble Lloyd Noble
Monday, July 18, 2016Sembcorp Marine delivers the world's largest jackup Noble Lloyd Noble to Noble Corp., with the newbuild to be deployed to Statoil's Mariner field in the North Sea.

Oil Industry Maintains Country Club Culture During Downturn
Monday, May 23, 2016Horizontal shales deep under the earth's surface are important to an energy company's balance sheet, but so is what happens above the grass line - especially if that grass is owned by an exclusive Texas country club.

Freeport to Pay Noble $540 Million to Not Use 2 Oil Rigs
Tuesday, May 10, 2016Freeport-McMoRan will pay Noble Corp more than half a billion dollars to not use a pair of its drillships.

Noble Profit Plunges As Low Oil Prices Hit Rig Demand
Wednesday, April 27, 2016Noble's quarterly profit plunged 41%, coming slightly below analysts' expectations, hurt by lower demand for rigs as oil prices hover around decade lows.

Noble Expects Delivery of Noble Lloyd Noble to be Delayed to 3Q16
Tuesday, March 15, 2016Noble Corp. says jackup Noble Lloyd Noble's delivery will be delayed to third quarter 2016 due to damage sustained in an incident at its construction yard in Singapore.

Noble Lloyd Noble Jackup Sustained Damage at Singapore's Jurong Shipyard
Wednesday, March 02, 2016Noble Corp.'s newbuild jackup Noble Lloyd Noble sustained damage in an incident at Singapore's Jurong Shipyard, where it is being constructed.

Sembcorp Marine Says Noble Lloyd Noble on Schedule for 2Q 2016 Delivery
Wednesday, March 02, 2016Sembcorp Marine says newbuild jackup Noble Lloyd Noble, damaged in an incident at a Singapore yard, remains on schedule for delivery in the second quarter of 2016.

Noble Plans to Stack GOM Rig; Lay Off 100-120 Workers
Wednesday, January 20, 2016Noble plans to stack its Noble Danny Adkins rig in the Gulf of Mexico, which will result in 100-120 layoffs.

Noble Plans to Stack Rig; Lay Off 120-130 Employees
Monday, November 30, 2015Noble Drilling will lay off 120-130 offshore workers in January due to the stacking of its Noble Jim Day rig.

Oilfield Cannibals: To Save Cash, US Drillers Strip Idle Rigs
Wednesday, October 07, 2015In a bid to save cash, rig owners are cannibalizing parts such as motors and drill pipe from idled rigs to fix 800 active ones in the US when stuff breaks.

Falkland Oil Driller to Press on Despite Argentina Legal Threat
Friday, June 05, 2015Falkland Oil and Gas plans to continue drilling into next year, its chief executive said, defying legal threats made by the Argentine government against oil explorers in the Falkland Islands.

Oil Spin-Off Stocks Could Face Longer Road to Recovery
Wednesday, December 24, 2014As falling oil prices have ripped through energy stocks this year, five U.S. corporate spin-offs in the sector have not escaped the share price carnage and face a tougher road to recovery than more-established companies.

Noble In $12.2M Settlement With DOJ Over Alaska Drilling
Monday, December 08, 2014Noble Corp. says it paid $12.2 million to settle felony charges by the US Department of Justice related to safety, environmental and record keeping violations on vessels in Arctic waters in 2012.

Paragon Completes Spin-Off from Noble
Monday, August 04, 2014Paragon Offshore completes its spin-off from Noble Corporation into a separate, publicly-traded company that owns and operates standard specification offshore drilling rigs.

Diamond Profit Beats Estimates, but Rig Delays Weigh on Shares
Thursday, October 24, 2013Diamond Offshore Drilling posts a higher-than-expected quarterly profit, but delays in getting rigs out of the shipyard weighed on its prospects for 2014, and its stock fell 3 percent.

Colorado Residents and Oil, Gas Industry Continue Open Dialogue Efforts
Friday, October 04, 2013As Colorado witnesses an energy boom, some residents argue that the extraction methods are harmful and are creating bans to stop the industry's methods.

Noble Corp to Spin Off Older Drilling Rigs into New Company
Wednesday, September 25, 2013Noble Corporation unveils plan to create an independent standard specification drilling company.

Jurong Shipyard Delivers Noble Mick O'Brien
Friday, August 16, 2013Sembcorp Marine's subsidiary Jurong Shipyard delivers the Noble Mick O'Brien jackup to Noble Corporation.

Noble Corp Settles Over $502M Mexico Tax Exposure
Monday, August 05, 2013Noble Corp. reaches a settlement with Mexico's tax authorities that resolves a potential tax exposure of $502 million.

Sembcorp Marine to Construct Jackup for Noble Corp.
Tuesday, May 28, 2013Sembcorp Marine secures another landmark deal from Noble Corp., increasing the total number of rigs the shipyard is ordered to build.

Rig Secured for Malta Area 4 Drill
Thursday, May 23, 2013Mediterranean Oil & Gas says its partner in Malta Area 4, Genel, has secured the Paul Romano rig to drill an exploration well later this year.

Statoil, Noble Ink Deal for Newbuild Jackup
Tuesday, May 14, 2013Statoil awards Noble Corp. a contract for a newbuild jackup for drilling at the Mariner project in the UK North Sea in 2016.

Noble, PXP Shake Hands on UDW Drillships for Gulf of Mexico
Thursday, April 18, 2013Noble Corp. enters an agreement with Plains Exploration & Production for 2 drillships to be utilized for operations primarily in the Gulf of Mexico.

Noble: SembMarine Jackup Incident Not Linked to Structural Defects
Friday, January 25, 2013Noble Corp. has confirmed that the Noble Regina Allen jackup incident, which occurred at Jurong Shipyard, was not caused by structural defects.

Noble Working to Fix Maintenance Issues Raised by Coast Guard
Thursday, December 27, 2012Noble Corp. said it is working to rectify deficiencies and maintenance issues the U.S. Coast Guard found with its Noble Discoverer drillship, located offshore Alaska.

Noble Sells Two Jackups
Monday, December 10, 2012Noble Corporation reports that it has entered into two separate Definitive Agreements for the sale of two standard jackup drilling units.

89 Workers Hurt in Jurong Jackup Accident
Monday, December 03, 2012Singapore's Ministry of Manpower confirms all Jurong Shipyard workers now accounted for after a jackup rig tilted over Monday.

Noble 'Well Positioned' for Offshore Activity Growth
Friday, October 19, 2012Noble is well positioned to benefit from improving offshore activity and the continued robust ultra-deepwater outlook despite 3Q earnings coming in below estimates, according to an analyst report from Barclays Capital.

Drillers See Robust Demand for Ultra-Deepwater Rigs
Friday, September 07, 2012Offshore drilling contractors report seeing robust demand for UDW rigs worldwide as oil prices and exploration success in basins outside the deepwater 'Golden Triangle' spur operator interest.

Noble Rig Downtime Impact Earnings as Gulf Activity Ramps Up after Isaac
Thursday, September 06, 2012Operators continue to inspect platforms and facilities and redeploy workers as they ramp oil and gas activity in the Gulf of Mexico following Hurricane Isaac.

Noble Scores GOM Rig Gig from Anadarko
Thursday, July 12, 2012Noble Corporation has entered a three-year term drilling contract with Anadarko Petroleum Corporation for the Noble Bob Douglas.