Noble Corporation’s acquisition of Diamond Offshore consolidates its position as a leading offshore drilling provider, expanding its fleet and unlocking new growth opportunities.
The deal brings $2.1 billion in new backlog and diversifies Noble’s client base, solidifying its financial stability.
Noble’s lack of stacked iron and relatively low debt burden positions it for success in the growing offshore drilling market.
offshore drilling contractor Diamond Offshore has executed a two-year contract extension for one of its rigs with Occidental subsidiary, Anadarko Petroleum, in the US Gulf of Mexico.
Houston-based Diamond Offshore Drilling has won a contract with Serica Energy for one of its semi-submersible rigs and an extension from BP for drillship work.