Offshore drilling contractors Noble Corporation and Pacific Drilling will combine in an all-stock transaction that will see Noble will acquire Pacific Drilling. A definitive merger agreement was unanimously approved by...

Offshore drilling contractor Noble has emerged from Chapter 11 bankruptcy after completing a financial restructuring to eliminate $3.4 billion in bond debt. Noble emerges with a substantially delevered balance sheet...

By David Wethe (Bloomberg) –Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. The Chapter 11...

London-baed drilling contractor Noble Corporation has agreed with Royal Dutch Shell to amend the long-term charter contracts for three ultra-deepwater drillships citing the challenging environment for offshore exploration and production...

Noble Corporation’s ultra-deepwater semi-submersible drilling rig Noble Jim Day was running 20-inch casing last week at Walker Ridge 508 when sources tell gCaptain currents of up to 4.5 knots began to...

In Noble Corporation’s 4th quarter earnings report released today, the company took a $713 million impairment charge on the retirement of three of their semi-submersible drilling rigs, the Noble Paul...

The Atlantic Petroleum-contracted jackup rig Noble Julie Robertson has commenced drilling today at Pegasus West, a well located in approximately 95 feet of water in the southern North Sea. The...

Noble Corporation (NYSE: NE) confirmed today that their semi-submersible drilling rig, the Noble Paul Wolff, experienced a ballast control incident at approximately 01:00 a.m. (BRT) local time on Friday. The rig is a...