Shell Awards $70M Drilling Contract to Noble Corporation

Shell plc (SHEL) recently awarded a major contract to offshore drilling giant Noble Corporation plc (NE) for its 2009-built semisubmersible rig, Noble Developer. The $70 million contract value is inclusive of the mobilization and demobilization of the rig and will make the rig available for a fixed period of 180 days. The Noble Developer will start operating for Shell in the third quarter of 2026 after completing its contract with Petronas.An Overview of Noble DeveloperNoble Developer is a DSS-21 column-sta ...