Noble CorporationSugar Land, TX, United States (NYSE: NE)

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Noble Company Description

Noble Corporation may be heir to a fortune as demand increases for deepwater oil and gas contract drilling services. The company, with operations in waters off the coasts of five continents, has a fleet of 63 offshore drilling units: three submersibles, four dynamically positioned drillships, 13 semisubmersibles, and 43 jack-up rigs. Many of its rigs are capable of operating in depths greater than 5,000 feet. About 85% of the company's drilling fleet is deployed in international markets, primarily in the Middle East, India, Mexico, the North Sea, Brazil, and West Africa. Noble (which is domiciled in Switzerland) also provides labor contract drilling, well site, and project management services.

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The Company Description provides a historical perspective of Noble's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Noble's evolution in the marketplace.

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