Oct. 30 (OE) Offshore drilling contractor Noble Corporation has secured approximately $560 million in new rig contracts across Africa, South America and Norway since its July fleet status report, bringing its contracted backlog to $6.7 billion. The awards span six drilling rigs and include exploration, development drilling, plug and abandonment (P&A) and light well intervention... Continue Reading →
Noble’s quarterly loss widens to US$117 million as tax expense surges
Oct. 27 (oilnow.gy) Noble Corporation reported a net loss of US$117 million in the third quarter of 2026, widening from US$37 million in the preceding quarter, as a sharp increase in income tax expenses outweighed its pretax earnings. The drilling contractor published its earnings on October 26, 2026. The offshore drilling contractor recorded an income... Continue Reading →
Eni, Vitol Eye Two More Offshore Blocks in Ghana
Sept. 11 (OE) Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements. The MoUs cover blocks GH WB 3 and GH WB 8, which span about 2,100 square kilometers in water depths... Continue Reading →