SUGAR LAND, Texas, Aug. 29, 2021 /PRNewswire/ -- Noble
Corporation (NYSE: NE, "Noble" or the "Company") today announced
that all personnel onboard the Pacific Sharav, Noble
Globetrotter I, and Noble Globetrotter II
ultra-deepwater drillships in the US Gulf of Mexico are safe and
accounted for following Hurricane Ida. Each rig successfully
secured its respective well in progress and took evasive actions to
avoid the storm's path. Of the three, the Noble
Globetrotter II is the only vessel that encountered
hurricane-force conditions. The vessel maintained stability
throughout the weather event and is operating on its own power with
functional marine and safety systems. A full assessment of
its condition will be completed as soon as the weather clears.
About Noble Corporation
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 and its predecessors have been
engaged in the contract drilling of oil and gas wells since
1921. Currently, Noble performs, through its subsidiaries,
contract drilling services with a fleet of 24 offshore drilling
units, consisting of 12 drillships and semisubmersibles and 12
jackups (including the four that are subject to an agreement to
sell to ADES), focused largely on ultra-deepwater and
high-specification jackup drilling opportunities in both
established and emerging regions worldwide. Noble is an
exempted company incorporated in the Cayman Islands with limited liability with
registered office at P.O. BOX 309, Ugland House, S. Church Street,
Grand Cayman, KY1-1104.
Additional information on Noble is available at
www.noblecorp.com.
Forward-looking Disclosure Statement
This communication includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act and Section
21E of the Exchange Act. All statements other than statements
of historical facts included in this communication, including those
regarding the effects of the storm and condition of the affected
rig, are forward-looking statements. When used in this
report, or in the documents incorporated by reference, the words
"anticipate," "assume," "believe," "could," "estimate," "expect,"
"intend," "may," "might," "plan," "project," "should," "shall" and
"will" and similar expressions are intended to be among the
statements that identify forward-looking statements. Although
we believe that the expectations reflected in such forward-looking
statements are reasonable, we cannot assure you that such
expectations will prove to be correct. These forward-looking
statements speak only as of the date of this communication and we
undertake no obligation to revise or update any forward-looking
statement for any reason, except as required by law. We have
identified factors, including, but not limited to, uncertainties
regarding determination of consideration for the transaction,
regulatory approvals, client consents, and satisfaction of other
conditions to closing the transaction, uncertainties relating to
our emergence from bankruptcy, the ability to recognize the
anticipated benefits of the Pacific Drilling acquisition, the
effects of public health threats, pandemics and epidemics, such as
the recent and ongoing outbreak of COVID-19, and the adverse impact
thereof on our business, financial condition and results of
operations (including but not limited to our growth, operating
costs, supply chain, availability of labor, logistical
capabilities, customer demand for our services and industry demand
generally, our liquidity, the price of our securities and trading
markets with respect thereto, our ability to access capital
markets, and the global economy and financial markets generally),
the effects of actions by, or disputes among OPEC+ members with
respect to production levels or other matters related to the price
of oil, market conditions, factors affecting the level of activity
in the oil and gas industry, supply and demand of drilling rigs,
factors affecting the duration of contracts, the actual amount of
downtime, factors that reduce applicable dayrates, reset of
dayrates under the commercial enabling agreement with our client
for rigs operating in Guyana,
operating hazards and delays, risks associated with operations
outside the US, actions by regulatory authorities, credit rating
agencies, customers, joint venture partners, contractors, lenders
and other third parties, legislation and regulations affecting
drilling operations, compliance with regulatory requirements,
violations of anti-corruption laws, shipyard risk and timing,
delays in mobilization of rigs, hurricanes and other weather
conditions, and the future price of oil and gas, that could cause
actual plans or results to differ materially from those included in
any forward-looking statements. These factors include those
"Risk Factors" referenced or described in the Company's most recent
Form 10-K, Form 10-Q's, and other filings with the
Commission. We cannot control such risk factors and other
uncertainties, and in many cases, we cannot predict the risks and
uncertainties that could cause our actual results to differ
materially from those indicated by the forward-looking
statements. You should consider these risks and uncertainties
when you are evaluating us.
NC-934
08/29/2021
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SOURCE Noble Corporation