Noble Corporation Company News
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Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble 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, 2018 GE 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, 2016 Sembcorp 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, 2016 Horizontal 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, 2016 Freeport-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, 2016 Noble'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, 2016 Noble 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, 2016 Noble 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, 2016 Sembcorp 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, 2016 Noble 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, 2015 Noble 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, 2015 In 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, 2015 Falkland 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, 2014 As 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, 2014 Noble 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, 2014 Paragon Offshore completes its spin-off from Noble Corporation into a separate, publicly-traded company that owns and operates standard specification offshore drilling rigs.
Noble Spin-Off Paragon to Make Debt Offering
Monday, July 07, 2014
Diamond Profit Beats Estimates, but Rig Delays Weigh on Shares
Thursday, October 24, 2013 Diamond 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, 2013 As 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, 2013 Noble Corporation unveils plan to create an independent standard specification drilling company.
Jurong Shipyard Delivers Noble Mick O'Brien
Friday, August 16, 2013 Sembcorp 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, 2013 Noble 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, 2013 Sembcorp 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, 2013 Mediterranean 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, 2013 Statoil 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, 2013 Noble 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, 2013 Noble 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, 2012 Noble 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, 2012 Noble 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, 2012 Singapore'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, 2012 Noble 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, 2012 Offshore 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, 2012 Operators 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, 2012 Noble Corporation has entered a three-year term drilling contract with Anadarko Petroleum Corporation for the Noble Bob Douglas.
Noble Names Senior VP of Operations
Monday, February 06, 2012 Noble Corporation announced that Bernie G. Wolford has been named to the position of Senior Vice President - Operations.
Bully I Makes Debut in GOM
Wednesday, December 07, 2011 Shell and Noble announced the GOM arrival of the Noble Bully I, an ultra-deepwater offshore drilling rig that is designed to raise the bar in terms of safety and performance.
Noble to Build 4th High-Spec Newbuild This Year
Thursday, September 01, 2011 Noble has exercised its option with HHI for the construction of an additional ultra-deepwater drillship, the fourth such drillship to be ordered this year.
Noble Briefs New Contracts, Contract Extension for Rigs
Monday, August 08, 2011 Noble reported new contracts for semisub Noble Paul Romano and jackup Noble George Sauvageau, and a contract extension for semisub Noble Max Smith.
Noble Adds to High-Spec Jackup Fleet with Two Newbuilds
Monday, August 01, 2011 Noble has exercised options with Jurong Shipyard for the construction of 2 additional high-specification heavy duty, harsh environment JU3000N jackup drilling rigs.
Noble 2Q Earnings Drop on Rig Downtime
Thursday, July 21, 2011 "Second quarter results were significantly hindered by several downtime events involving five rigs," said David W. Willliams.
Noble Appoints New VP, Investor Relations
Wednesday, June 22, 2011 Noble announced that Jeffrey L. Chastain has been named Vice President, Investor Relations.
Noble 1Q Profit Dives on Drilling Restrictions
Thursday, April 21, 2011 "Noble's first quarter results reflect the continuing impact of drilling restrictions in the U.S. Gulf of Mexico," said David W. Williams, Chairman, President and Chief Executive Officer.
Noble Adds High Specification Jackups to Fleet
Monday, March 28, 2011 Noble has exercised its options with Jurong Shipyard for the construction of additional high-specification heavy duty, harsh environment JU3000N jackup drilling rigs.
Noble Lands 6-Rig Contract Offshore Mexico
Friday, March 11, 2011 Noble has been awarded contracts for six of its jackup units with Pemex in Mexico.
Noble Increases Ultra-Deepwater Capability with 3rd Drillship Order
Friday, March 04, 2011 Noble has exercised its first option with Hyundai Heavy for the construction of a $615MM ultra-deepwater drillship, the 3rd for this year.
Noble Rig Lands LOI for Shell GOM Field
Wednesday, February 23, 2011 Noble has secured a LOI with a subsidiary of Shell for the 12,000 foot ultra-deepwater semisubmersible Noble Jim Day to operate in the U.S. Gulf of Mexico.
Noble Shells Out $1.03B for New Ultra-Deepwater Drillships
Wednesday, January 19, 2011 Noble has signed a contract with Hyundai Heavy Industries for the construction of two ultra-deepwater drillships for $1.03B.
Marathon Seeks to Terminate Noble Jim Day Contract
Monday, January 03, 2011 Marathon Oil Company is seeking to terminate its four-year contract for Noble Drilling's ultra-deepwater semi-submersible Noble Jim Day.
Noble Reels In 2 Newbuilds
Tuesday, December 21, 2010 Noble has agreed to construct 2 high-specification heavy duty, harsh environment jackup drilling rigs, at approx. $220MM each.
Gulf Permitting Delay Prompts Marathon to Seek Rig Contract's End
Thursday, December 02, 2010 A subsidiary of Noble has received notice from Marathon seeking to cancel its contract for the ultra-deepwater semisub Noble Jim Day if the rig does not commence operations by Dec. 31, 2010.