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The drillship Noble Discoverer undergoes sea trials off Singapore in November 2014, following shipyard work and upgrades. Those improvements included a new main propulsion system, environmental controls and enhancements to the drilling systems. (Photo: Noble Corp.)

Noble pleads guilty to violations involving Arctic drillship

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Noble Corp. pleaded guilty Monday to eight criminal charges tied to pollution, propulsion and record keeping problems with the two drilling rigs that bored Arctic oil wells for Shell in 2012.
Paragon Offshore, a spinoff from offshore contractor Noble Corp., began trading on the New York Stock Exchange Monday, Aug. 4. (Paragon Offshore)

Paragon Offshore completes spinoff from Noble Corp., begins trading

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Paragon Offshore became Houston’s latest publicly-traded company Monday morning when it began trading on the it began moving on New York Stock Exchange after completing its separation from Noble Corp.
The Noble Paul Romano. (Photo: Noble Corp.)

Noble Corp. won’t pursue IPO for spinoff after all

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Offshore drilling contractor Noble Corp. announced Wednesday that it won’t move forward with an initial public offering of stock in a new spinoff company, but the spinoff will continue as planned.
Noble's Globetrotter drilliship (Image: Noble Corp)

Noble Corp. spinoff mirrors industry focus on new fleets

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The Swiss offshore drilling contractor wants to improve the quality of its fleet by sending its aging assets to market next year and focusing on its newer, more advanced vessels. In the offshore contracting world, Noble is not alone.
Noble Corp. Bully I and Globetrotter I drillships work on a Shell project in the Gulf of Mexico. (Noble Corp.)

Noble Corp. plans to split in two

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Noble Corp., the offshore rig contractor building nine new rigs, said today it plans to spin off about half its fleet into a separate company to focus on its higher-priced rigs working in deeper waters.
Noble Corp. Bully I and Globetrotter I drillships work on a Shell project in the Gulf of Mexico. (Noble Corp.)

Noble Corp.’s proposed London move may cut its tax bill in half

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Noble Corp., the offshore oil rig contractor that moved its headquarters to Switzerland in 2009, may cut its tax bill in half if shareholders approve the board’s plan to move to London.
Coast Guard inspectors look on as the Noble Discoverer is loaded onto the Xiang Yun Kou in Alaska. (Photo: U.S. Coast Guard)

Vessels heaving Arctic rigs to Asian shipyards for repair

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A massive oceangoing dry-dock is hauling an Arctic drillship to Korea for repair, and another rig is about to make a similar journey, after problems surfaced once the vessels bored exploratory wells for Shell north of Alaska.
Shell used the drillship Noble Discoverer for its 2012 drilling in the Chukchi Sea north of Alaska.  (Jennifer A. Dlouhy / The Houston Chronicle)

Coast Guard documented 16 deficiencies on Arctic drillship

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The drillship used to bore part of an Arctic oil well for Shell last summer lacked sufficient propulsion power, had engine problems and posed fire hazards, according to a Coast Guard inspection of the vessel last November and released on Friday.
Noble's Globetrotter drilliship (Image: Noble Corp)

Noble Corp. profits flat in fourth quarter

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The CEO of drilling contractor Noble Corp. acknowledged disappointment with fourth-quarter earnings that came in flat, as increased downtime offset the higher rental rates for its rigs.
A salvage expert prepares to board a Coast Guard MH-60 Jayhawk helicopter for a day assessing the Kulluk conical drilling unit near Kodiak, Alaska. (U.S. Coast Guard photo by Petty Officer 1st Class Sara Francis)

Officials close to towing grounded drilling rig

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Salvagers are preparing to try pulling Shell’s grounded Arctic drilling rig from a rocky Alaskan island’s coast as soon as critical equipment arrives on the scene and weather permits _ possibly before the weekend’s end.