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Noble Scoops $1.3B in Drilling Contracts, Enters Norway's Floater Market

Offshore Engineer
Offshore drilling contractor Noble Corporation has secured new contract awards for nine rigs totaling about $1.3 billion in backlog, including a three-year deal…

Offshore drilling contractor Noble Corporation has secured new contract awards for nine rigs totaling about $1.3 billion in backlog, including a three-year deal that marks its entry into Norway’s harsh-environment floater market.

The largest award is a three-year contract for the semisubmersible Noble GreatWhite with Aker BP for offshore Norway, expected to begin in the second quarter of 2027. The contract represents about $473 million in total value, including a mobilization fee and excluding integrated services and potential bonuses.

The campaign will be Noble GreatWhite’s first in Norway and expands the company’s presence on the Norwegian Continental Shelf. Noble expects around $160 million in capital expenditure related to reactivation and contract preparation for the rig.

Noble also said the drillship Noble Gerry de Souza had been awarded a two-year contract by Esso Exploration and Production Nigeria (Offshore East), an ExxonMobil affiliate, with options for up to three additional years.

Operations are targeted to begin in mid-2026, subject to regulatory approvals, and are expected to add about $292 million to backlog through PIDWAL, Noble’s Nigerian joint venture with Derotech. The rig will be upgraded for Managed Pressure Drilling (MPD) ahead of the program.

In Guyana, ExxonMobil awarded two additional rig years under

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