Noble Corporation

To celebrate National Petroleum Day, we're sharing a few facts about the global oil & gas industry. What's your favorite part about working in the industry?

Noble is proud to support the National MS Society each year through our participation in the Texas MS 150, and EXTREMELY proud to be the #1 fundraising team this year! Here are some highlights of our commitment through the years, with special thanks to 2024 Golf Tournament sponsors NOV, Zadok Technologies, LLC, SSE GROUP, and Hyundai Global Service Americas Co., Ltd. We also extend our gratitude to the many volunteers who brought this fundraising effort to life: Lauren L., Christel Mortensen, James Stewart, Kara Shaw, Lisa Large, Robyn R., Alannah Jones, MBA, Marissa Combs, Chandre Orkes, MBA, Evelyn Phengkieo, Kylie T., Marta Anna Dabkowska, Matt Gagnebin, Marius Bjerggaard Nielsen, James M. Black, Rafael Gijon, Danny Nicoletti, David S. Webb, and Vincent Kondratski.

Explore Noble's decarbonization journey with Habeib Al-Hashimi next Tuesday at the International Association of Drilling Contractors Advanced Rig Technology Conference. Today's market conditions mean a tight supply and an increased opportunity for implementing technologies to #IncreaseEfficiency. Find the full conference program here: https://lnkd.in/gsQ4BS2g

Career progression in the drilling industry - how does it work? Recently Noble's Carl Lyle and Buford Sullivent spoke to Stephen Whitfield with Drilling Contractor, Official Magazine of IADC about our subsea training program and how program graduates improve the quality of Noble's offshore talent while also seeing a clear path for advancement. The program provides training across classroom settings, at OEM facilities, and on the rig. We're so proud of our graduates and honored that they choose to grow their careers at Noble. Read about it here: https://lnkd.in/gHTgpZHS

The beauty of Curacao's beaches is a treasure that requires constant care. The crew of the Noble Voyager took this to heart after arriving in Willemstad recently, and volunteered for a litter pickup project. They demonstrate the power of individual contributions to environmental stewardship. https://ow.ly/hYqB50SWO0L

We've published an updated Fleet Status Report. Click here for the full report: https://ow.ly/Qfpk50SOEv6 Highlights include: • Noble Stanley Lafosse: Five well options exercised by Murphy Oil Corporation in the Gulf of Mexico for an expected term of one year valued at $177 million. Included in this extension is an additional unpriced option for a further five wells. • Noble Innovator: Extended by bp in the UK North Sea from May 2025 through December 2025 at a priced option dayrate of $155,000. Priced options remain into July 2026. • Noble Regina Allen: Two well options exercised by TotalEnergies offshore Argentina, for an estimated term of 60 days at a dayrate of $150,000. • Noble Resilient: One well with Harbour Energy in the UK at a dayrate of $140,000. Commencement in direct continuation of the Wintershall contract. • Noble Resolve: One well with Zenith offshore Poland for an estimated 45 days at a dayrate of $140,000, plus mobilization and demobilization. Thirteen well P&A campaign with an undisclosed operator offshore Spain for an estimated term of 170 days at a dayrate of $149,000, plus mobilization and demobilization.

Today we announced our earnings for the second quarter of 2024. Noble's CEO Robert Eifler commented: “Our second quarter results reflect a strong earnings improvement driven by key contract startups, resulting in a 48% sequential improvement in Adjusted EBITDA. To that end, the 25% increase to our quarterly dividend to $0.50 per share in Q3 further demonstrates Noble’s return of capital commitment. We are extremely excited to be progressing toward closing the highly accretive acquisition of Diamond, which represents a critical milestone in our First Choice journey through the formation of an industry-leading deepwater fleet and a strong free cash generation and return of capital platform.” Noble's backlog as of July 31, 2024 stands at $4.2 billion. Read the full announcement here: https://ow.ly/N0Y550SOCVS

Noble recently hosted students from Nextgen at our NobleAdvances training center, where they learned about careers in the offshore drilling industry. The Nextgen program provides insights into oil and gas job opportunities for young people seeking an alternative to a four-year degree. We're excited to support initiatives that foster the next generation of offshore leadership. Here's a two-minute snapshot of how the students spent their day.

As part of our Guyana Alliance with ExxonMobil, Noble has transformed the way our crews work digital drilling plans. We’ve bridged the onshore and offshore teams, improving efficiency and safety. These efforts were made possible by our collaboration with Horizon56, which provides the digital solution, deployment experts and continued support. See how the solution has been adopted by the operations team in Houston, Guyana, and on the rigs in this 3-minute video.

Noble Operational Risk Management Support (NORMS) takes lessons learned from each rig and applies them across our entire fleet. While each rig may only perform certain critical operations a few times a year, across our fleet we perform similar operations weekly. NORMS leverages these collective experiences to provide guidance on improving the next operation. Each rig retains decision-making rights for specific operations, while NORMS provides essential support and capacity. With an emphasis on planning and collaboration across the fleet, NORMS strengthens Noble’s best-in-class position for safe, efficient, and reliable operations.