SUGAR LAND, Texas, October 5, 2022 /PRNewswire/ — Noble Corporation plc (“Noble”) announced today that it has completed the sale of noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble (the “Remedy Rigs”) to a subsidiary of Shelf Drilling, Ltd. (“Shelf Drilling”) for cash proceeds of $375 million as part of the recently completed business combination with Maersk Drilling. As previously revealed in the June 23, 2022 The announcement of the sale of Remedy Rigs, all onshore and offshore personnel, support and infrastructure related to these rigs are hereby transferred to Shelf Drilling while Noble will continue operations Noble Lloyd Noble under a bareboat charter with Shelf Drilling pending completion of that rig’s current drilling contract with Equinor, which is expected to be completed in the second quarter of 2023.
“The completion of the sale of Remedy Rigs is a key element of the transformative business combination with Maersk Drilling that we completed earlier this week.” said Robert Eifler, President and CEO of Noble. Mr. Eifler continued: “The cash proceeds from the sale will enhance Noble’s already conservative balance sheet and further enhance our capital flexibility. I would like to express my sincere thanks to the Noble employees who are making the transition to Shelf Drilling and wish them continued success.“
About Noble Corporation
Noble is a leading offshore drilling company serving the oil and gas industry. Noble owns and operates one of the most modern, diverse and technically advanced fleets in the offshore drilling industry. Noble and his predecessors have been in the contract drilling of oil and gas wells since 1921. Noble, through its subsidiaries, conducts contract drilling services using a fleet of offshore drilling rigs primarily focused on ultra-deepwater and high-spec jackup drilling opportunities in both established and emerging regions worldwide. For more information, see
