Prnewswire·2026-01-28 22:08Core Viewpoint - Noble Corporation plc has completed the sale of five jackup rigs to Borr Drilling Limited for a total of $360 million, generating approximately $210 million in cash and $150 million in seller notes [1]. Group 1: Transaction Details - The rigs sold include the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient, and Noble Resolute [1]. - Noble Corporation intends to operate two of the sold rigs, Noble Mick O'Brien and Noble Resolute, under a bareboat charter agreement with Borr until December 2026 [1]. - The Noble Resilient will also be operated through the remainder of its current contract term, including any customer options [1]. Group 2: Company Overview - Noble Corporation is a leading offshore drilling contractor for the oil and gas industry, owning and operating a modern and versatile fleet [3]. - The company has been engaged in contract drilling of oil and gas wells since 1921, focusing on ultra-deepwater and high specification jackup drilling opportunities [3].