Thursday, March 25, 2021
offshore drillship

Offshore Drillers Noble and Pacific Drilling to Merge in All-Stock Deal

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...

March 25, 2021
Total Views: 3182

Tuesday, February 9, 2021

Noble Emerges from Chapter 11 Bankruptcy

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...

February 9, 2021
Total Views: 1907

Tuesday, May 15, 2018
bulk carrier ship
Maritime News

From Trading Titan to Penny Stock: Noble Group Faces Crunch as Creditors, Investors Circle

By Anshuman Daga and Henning Gloystein SINGAPORE, May 15 (Reuters) – Just seven years ago, Noble Group was a $11 billion-plus Asian commodity powerhouse, trading everything from soybeans to oil....

May 15, 2018
Total Views: 6

Friday, February 2, 2018
bulk carrier bow
Maritime News

Noble Group Says Proposed Deals to Sell Four Ships Fall Through

SINGAPORE, Feb 2 (Reuters) – Crisis-wracked commodity trader Noble Group said on Friday said proposed agreements to sell four dry bulk carrier vessels have fallen through after the buyers failed...

February 2, 2018
Total Views: 1

Friday, October 20, 2017
oil tanker

Noble Group Faces 11th Hour Oil-Unit Sale as Stock Is Halted

By Jasmine Ng and Lianting Tu (Bloomberg) — Noble Group Ltd. suspended its shares from trading in Singapore on Friday pending the announcement of a major transaction, with the commodity...

October 20, 2017
Total Views: 6

Monday, July 31, 2017
Maritime News

What’s Left of Noble Group as Trader Retreats to Its Asian Roots

By Jasmine Ng (Bloomberg) — It’s the end of an era for Noble Group Ltd. Some three decades after its founding, and from a perch among the world’s top commodity traders, the...

July 31, 2017
Total Views: 12

Friday, July 28, 2017
bulk carrier ship

At “Bare Bones” Noble Group, Staff Exits and Debt Pose More Risks

By Anshuman Daga and Henning Gloystein SINGAPORE, July 27 (Reuters) – Noble Group is slimming down drastically to its core Asian coal-trading business, but that may not be enough to...

July 28, 2017
Total Views: 5

Tuesday, March 1, 2016
Maritime News

Falling Crane Damages Newbuild Jack-Up at Sembcorp Marine

Offshore drilling contractor Noble Corporation has confirmed that a newbuild jack-up rig nearing completion at the Semcorp Marine Jurong shipyard in Singapore has been damaged after it was hit by a collapsing...

March 1, 2016
Total Views: 47

Monday, August 10, 2015
Maritime News

Noble Says Report Finds Accounting Practices In Line with Rules

  By Anshuman Daga and Rujun Shen SINGAPORE, Aug 10 (Reuters) – Noble Group’s Chief Executive Yusuf Alireza sought to draw a line under a long-running accounting dispute after a...

August 10, 2015
Total Views: 4

Tuesday, February 4, 2014
Randall D. (Randy) Stilley paragon

Noble Names Senior Leadership of New Drilling Company, Paragon Offshore

Noble Corporation plc (NYSE: NE) has announced today it’s new standard specification offshore drilling company will be named Paragon Offshore and led by 38-year offshore industry veteran, Randall D. (Randy) Stilley,...

February 4, 2014
Total Views: 20

Wednesday, January 22, 2014
noble bob douglas

Noble Drilling Earnings Jump 50 Percent in 2013

Noble Corporation’s (NYSE: NE) 4th quarter and 2013 earnings release today revealed the offshore drilling contractor earned $783 million, or $3.05 per diluted share in net income last year, representing a full 50 percent gain over their...

January 22, 2014
Total Views: 10

Wednesday, November 20, 2013
greenpeace anadarko vega new zealand bob douglas noble

Greenpeace NZ Sailboaters in Standoff with 100,000 Ton Noble Drillship – UPDATE

The Noble Bob Douglas drillship has moved into position over an exploratory well off the coast of the New Zealand and will continue with its planned drilling operations, despite the continued presence of an encroaching Greenpeace protest sailboat.

November 20, 2013
Total Views: 12

Tuesday, September 24, 2013
noble drilling

Noble to Split Offshore Drilling Business

Switzerland-based Noble Corporation (NYSE: NE) announced today that it will be splitting up its drilling business into two distinct offshore drilling companies, one focused on high specification and deep/ultra-deepwater drilling,...

September 24, 2013
Total Views: 13

Monday, July 1, 2013
noble drilling

Noble Corporation to Leave Switzerland

Switzerland-based drilling contractor Noble Corporation (NYSE: NE) announced today plans to reincorporate from Zug, Switzerland to the United Kingdom.  The company’s shareholders will be asked to vote to approve the proposed...

July 1, 2013
Total Views: 16

Friday, April 19, 2013

Noble Newbuilds Headed for Gulf of Mexico

Two Noble drillships under construction at HHI will go to Gulf of Mexico under three-year contracts.

April 19, 2013
Total Views: 5

Thursday, January 24, 2013

Noble Reports Flat Q4 Profit as Costs Offset Revenue

By Kristin Jones Noble Corp.’s (NE) fourth-quarter earnings were roughly flat from a year earlier as the offshore-oil driller’s higher revenue from contract drilling services was offset by repair costs and other...

January 24, 2013
Total Views: 1

Thursday, December 27, 2012
noble discoverer drillship

US Coast Guard Notes Safety and Propulsion Deficiencies on Arctic-Bound Drillship

Noble Corp. (NE) said it is working to rectify deficiencies and maintenance issues the U.S. Coast Guard found with its Noble Discoverer drillship, located offshore Alaska. Royal Dutch Shell PLC (RDSA, RDSB, RDSA.LN,...

December 27, 2012
Total Views: 2

Monday, December 10, 2012

Sold! Noble Unloads Two Jackups for $79 Million

ZUG, Switzerland, Dec. 10, 2012  — Noble Corporation (NYSE: NE) today reported that it has entered into two separate Definitive Agreements for the sale of two standard jackup drilling units.  The first agreement, for...

December 10, 2012
Total Views: 3

Wednesday, December 5, 2012

Jurong Shipyard Jack-Up Accident [INCIDENT PHOTOS]

gCaptain has just received these exclusive photos of this week’s jack-up rig accident at Jurong Shipyard in Singapore. Monday’s incident left 89 workers injured but amazingly did not result in...

December 5, 2012
Total Views: 325

Tuesday, September 4, 2012

Noble Taking a Hit on Rig Delays

Noble Corp. (NE) said it expects its third-quarter revenue to be hurt by about $50 million due to operational delays and other developments around returning its rigs to work. Noble...

September 4, 2012
Total Views: 10