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Noble Corp wins $1.3B in new contracts, including a Norway deal starting Q2 2027, boosting fleet utilization to 92%.
Noble Corporation secured $1.3 billion in new contracts, expanding into Norway’s harsh environment market with a three-year deal for the Noble GreatWhite starting Q2 2027, requiring $160 million in reactivation costs.
Additional awards include a Nigeria drilling contract with Esso, Guyana contract extensions through 2029, and new workover and multi-well projects in the U.S. Gulf, South America, and Trinidad.
These contracts raise fleet utilization to 92%, boosting expected EBITDA and free cash flow despite $50 million in 2026 preparation costs.
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Noble Corp gana $1.3B en nuevos contratos, incluido un acuerdo con Noruega a partir del segundo trimestre de 2027, aumentando la utilización de la flota al 92%.