Noble Corporation Secures $1.3 Billion in New Rig Contracts

Reuters
01/26
Noble Corporation Secures $1.3 Billion in New Rig Contracts

Noble Corporation plc has announced new contract awards totaling approximately $1.3 billion in backlog for nine rigs, including a three-year contract for the harsh environment semisubmersible Noble GreatWhite with Aker BP for operations offshore Norway, valued at around $473 million. This marks the Noble GreatWhite's first campaign in Norway and expands the company's presence in the Norwegian floater market. Other contract awards include the Noble BlackRhino for a workover well with Beacon Offshore Energy in the U.S. Gulf, Noble Endeavor for an 11-well contract with an undisclosed operator in South America, and Noble Developer for a three-well contract with bp in Trinidad. The company anticipates related capital expenditures of approximately $210 million for contract preparation and reactivation activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Noble Corporation plc published the original content used to generate this news brief via PR Newswire (Ref. ID: DA70488) on January 26, 2026, and is solely responsible for the information contained therein.

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