Noble Secures $560M in Rig Deals, Backlog Hits $6.7B

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 work, with several campaigns scheduled to begin in 2027, as of October 26, 2026.

Among the new contracts, the Noble BlackRhino secured a four-well campaign with TotalEnergies in Nigeria, expected to begin in the fourth quarter of 2026 and last approximately 150 days, with options for six additional wells.

The Noble Faye Kozack was awarded a five-well contract with Tullow in Ghana, scheduled to begin in mid-2027, with an estimated duration of 250 days and options for five additional wells.

This story was originally published by Offshore Engineer. Read the full story at Offshore Engineer →