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Noble Corporation plc Provides Fleet Update Following Hurricane Harvey

LONDON, Sept. 5, 2017 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) today provided a post-Hurricane Harvey status update on its U.S. Gulf of Mexico fleet, which consists of three contracted units, three warm stacked units and three cold-stacked rigs.

The Company reported four of the contracted or warm stacked units were safely relocated without incident ahead of the storm to other areas of the Gulf of Mexico, while the other two contracted or warm stacked units remained at their existing locations and sustained no damage.  The Company's three contracted units have already resumed normal operations and remained on rate during the storm, while the three warm stacked units are currently at a temporary location pending further plans for relocation.  An assessment of the three cold stacked rigs will be conducted in due course but no significant damage is expected.

About Noble Corporation plc
Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 28 offshore drilling units, consisting of 14 drillships and semisubmersibles and 14 jackups, focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide. Noble is a public limited company registered in England and Wales with company number 08354954 and registered office at Devonshire House, 1 Mayfair Place, London, W1J 8AJ England. Additional information on Noble is available at www.noblecorp.com.  

Forward-looking Disclosure Statement
Statements regarding expected damage and rig revenues, as well as any other statements that are not historical facts in this release, are forward-looking statements that involve certain risks, uncertainties and assumptions. These include but are not limited to operating hazards and delays, risks associated with operations outside of the U.S., actions by regulatory authorities, customers and other third parties, legislation and regulations affecting drilling operations, compliance with regulatory requirements, factors that reduce applicable dayrates, violations of anti-corruption laws, hurricanes and other weather conditions, and other factors detailed in the Company's most recent Form 10-K, Form 10-Q's and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. 

 

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SOURCE Noble Corporation

Jeffrey L. Chastain, Vice President - Investor Relations and Corporate Communications, Noble Drilling Services Inc., 281-276-6383