(WO) – Noble Company plc introduced the completion of its acquisition of Diamond Offshore Drilling, Inc (“Diamond”). This transaction enhances Noble’s place as a number one offshore driller, creating the biggest fleet of seventh technology dual-BOP drillships within the business, and including roughly $2 billion of backlog.
Following completion of the acquisition of Diamond, the Firm’s board of administrators has appointed Patrice Douglas from the Diamond board of administrators to function a brand new director of Noble.
Noble has printed an up to date fleet standing report reflecting the addition of the Diamond rigs and different updates, mainly the addition of 4.8 rig years of backlog lately awarded beneath the Industrial Enabling Settlement (CEA) with ExxonMobil for the corporate’s 4 drillships working offshore Guyana. These updates improve Noble’s present backlog to $6.7 billion.
Charles M. (Chuck) Sledge, Noble’s Chairman of the Board of Administrators, mentioned, “This mixture marks a vital subsequent step in Noble’s 7G deepwater management technique. We’re excited to carry Diamond’s distinctive crew and fleet on to the Noble platform and sit up for delivering helpful synergies for all stakeholders via the mixing of those two nice corporations. I might additionally wish to welcome Patrice Douglas, who was been nominated to hitch Noble’s board of administrators from the Diamond board.”
