Noble Corporation provided an update on the Noble Globetrotter II ultra-deepwater drillship and the personnel onboard. As previously reported, the vessel encountered severe weather during Hurricane Ida. Noble management is in frequent communication with the ship’s crew and is working to facilitate additional transport for some crew members to shore, as may be needed, as well as replacement personnel to support marine operations. A small number of crew members were treated for minor injuries. The living quarters of the vessel continue to operate normally with food service, climate-control, water, power, and internet systems functional. The vessel’s helideck is fully operational and teams are working through logistical challenges across the Gulf Coast region to resume normal levels of transportation to and from shore.
Initial findings from the ship’s ongoing condition assessment confirm that several riser joints and the lower marine riser package separated from the rig during the storm and sank to the seabed. Efforts are underway to locate and recover that equipment, and the Company believes that, if necessary, it can replace any missing or damaged equipment promptly. Additionally, one of the ship’s cofferdams in the moonpool area sustained damage during the weather event. The damaged cofferdam does not compromise the stability or structural integrity of the rig nor the safety of personnel onboard. The vessel successfully secured the well and detached from the blowout preventer in place on the well as part of its departure procedures.
Noble provided a force majeure notice to its customer in accordance with the governing drilling services contract. The contract does not contain a right of termination for force majeure. The Company does not expect any impact to its previously issued preliminary 2022 financial guidance and, at this time, is unable to estimate the impact on its 2021 guidance. Noble has insurance coverage for property damage with a $10 million deductible.
Noble holds the safety of everyone aboard our vessels as the highest priority. We will continue to work closely with the Noble Globetrotter II’s personnel and their families to provide all necessary support as we all recover from the aftermath of Hurricane Ida.
About Noble Corporation
Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Currently, Noble performs, through its subsidiaries, contract drilling services with a fleet of 24 offshore drilling units, consisting of 12 drillships and semisubmersibles and 12 jackups (including the four that are subject to an agreement to sell to ADES), focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide. Noble is an exempted company incorporated in the Cayman Islands with limited liability with registered office at P.O. BOX 309, Ugland House, S. Church Street, Grand Cayman, KY1-1104. Additional information on Noble is available at www.noblecorp.com.