US-based offshore drilling company Noble Corporation has secured new drilling assignments and expansions across multiple geographies for six floats in its drilling rig fleet, including jobs in Brazil, Australia, Guyana, US Gulf, Ghana and Malaysia.
Noble’s fleet of 24 marketed floats was 68% contracted during the first quarter of 2026, compared to 62% in the first quarter of 2026. Previous quarterwith recent contracts awarded since last quarter adding nearly five years of new float backlog.
The company claims that today’s latest price combinations for Tier 1 drillships have increased moderately to the low to mid $400,000s. Utilization of the company’s five extreme cranes was 66% in the first quarter versus 72% during the previous quarter.
The rig owner explains that the new contracts have a total contract value of approximately $565 million It was secured after the fourth quarter earnings were revealed. As a result, Noble’s backlog as of April 27, 2026, is $7.5 billion, excluding mobilization and demobilization revenue.
Robert W. EfflerNoble’s President and CEO commented: “We have started 2026 with strong operating and financial results. Commercial momentum remains active, highlighted by the three-year Noble Courage extension with Petrobras and the five-well Noble Deliverer program with Woodside.
“We remain intensely focused on project delivery, with several important contracts scheduled to commence over the course of this year, each of which is progressing well.”
The deal was for Al-Bani in 2009 Noble courage The semi-submersible rig has been extended by Petrobras For an additional 1,115 days, extending through December 2030 for an additional net cumulative addition of $339 million. The day rate from April 2026 through December 2027 was reduced from $290,100 to $280,000, followed by a 1,115-day extension at $309,500 per day.
Built in 2010 Noble Savior A semi-submersible company has previously been awarded a five-well contract Woodside In Australia. The deal, valued at $121 million excluding additional services and potential upgrades, is expected to commence in the second or third quarter of 2027, and includes options for two additional wells.
Built in 2009 Noble developer The semi-submersible was awarded a contract for one well from Exxon Mobil In Guyana, a daily rate of $375,000. This contract is scheduled to commence in early 2027 in direct continuation of the existing platform program with Shell in the Americas and will be followed by the placement of the semi-submersible with BP in Trinidad.
Built in 2014 The noble black rhinoceros A drill ship is staying longer in the US Gulf, thanks to a choice well exercised beaconWhich recently started in April. Today’s price has not been revealed.
Built in 2014 Noble adventurer The drilling company obtained a one-well contract with… The first planet In Ghana, a daily rate of $430,000. This deal is expected to commence in late 2026 and comes with two unpriced option wells.
Built in 2014 Noble Viking The drilling company has been awarded a single well contract in Malaysia in direct continuation of its existing backlog, including the deal with TotalEnergies in Papua New Guinea.
Eifler confirmed: “As floating fundamentals tighten, the trajectory of day rates, contract duration and earnings visibility improves.
“We continue to expect a beneficial financial turnaround next year supported by our existing backlog and strong bidding pipeline. Against this backdrop, Noble will continue to prioritize our leading shareholder returns program.”
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