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Noble Corporation Reports First Quarter 2021 Results

Noble Corporation Reports First Quarter 2021 Results - Successfully completed balance sheet restructuring on February 5, 2021 - Announced acquisition of Pacific Drilling in March and closed on April 15, 2021 - Revenue backlog of $1.5 billion as of March 31, 2021 News provided by Share this article Share this article  SUGAR LAND, Texas, May 4, 2021 /PRNewswire/ Noble Corporation ( Noble or the Company ) today reported first quarter 2021 results. Successor Dec 31, (0.36) (0.54) release and can be found at www.noblecorp.com.   Robert W. Eifler, President and Chief Executive Officer of Noble Corporation, stated, We are pleased with our first quarter results and the accomplishment of a number of important strategic objectives in the first part of 2021. In early February we completed our financial restructuring transactions and emerged with a much stronger financial foundation. In March we announced the acquisition of Pacific Drilling and expeditiously closed the tra

UK: Independent Oil and Gas announces mechanical completion of Phase 1 platforms

UK: Independent Oil and Gas announces mechanical completion of Phase 1 platforms 26 Apr 2021 Independent Oil and Gas (IOG), the UK gas company targeting growth and high returns via an infrastructure-led hub strategy, has announced that it signed off the Blythe and Southwark platforms as mechanically complete earlier this month. Further to achieving this milestone and the arrival of the Noble Hans Deul rig at Elgood in early April, the Company can also confirm that it has now, as planned, fully drawn its bond escrow account into unrestricted cash. The two normally unmanned installation (NUI) platforms were constructed by contractor HSM Offshore (HSM) at their yard in Schiedam, Netherlands. In addition to mechanical completion, onshore commissioning and system testing activities are already well underway and expected to be completed in May. The transportation barges are now at the HSM quayside in preparation for load-out. Once yard departure checks are completed, the platforms w

Oil price, IOG, United O&G And finally…

Oil price, IOG, United O&G. And finally… Oil is very much in the doldrums, last week WTI was down by 99 cents and Brent by 66c, the Opec+ meeting on Wednesday may have not much to do. Overnight India noted another 350,000 Covid cases which is awful and its 12.5% GDP growth maybe for another day. Having said that in the US many more people are venturing out and without masks and the economy is seriously on the move. WTI $62.14 +71c, Brent $66.11 +71c, Diff -$3.97 u/c,  NG $2.73 -2c, UKNG 51.25p +0.1p Oil price Oil is very much in the doldrums, last week WTI was down by 99 cents and Brent by 66c, the Opec+ meeting on Wednesday may have not much to do. Overnight India noted another 350,000 Covid cases which is awful and its 12.5% GDP growth maybe for another day.

Investegate |Independent Oil &Gas Announcements | Independent Oil &Gas: Completion of Phase 1 Platforms

Investegate |Independent Oil &Gas Announcements | Independent Oil &Gas: Completion of Phase 1 Platforms
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