Noble updates Brazil fleet

Noble Updates Brazil Fleet as Faye Kozack Secures Ghana Campaign
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Noble’s October 26 fleet update lists Noble Courage and Noble Faye Kozack under contract with Petrobras offshore Brazil, while confirming a subsequent drilling campaign for Faye Kozack in Ghana.
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The drillship’s Brazilian contract is scheduled to end in January 2027. Its next assignment, with Tullow, is expected to begin in mid-2027 and covers five firm wells over approximately 250 days, plus five priced option wells.

​The semisubmersible Noble Courage remains contracted to Petrobras through December 2030, maintaining the company’s longer-term presence in Brazil.
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Both units experienced temporary operational suspensions earlier this year. Noble attributed approximately US$43 million of its second-quarter drilling revenue reduction to those interruptions. The company had already reported both rigs operating again in July and highlighted their return in the third-quarter update released this week.
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The latest report shows different forward commitments for the two Brazilian units: Courage has Petrobras work extending to the end of the decade, while Faye Kozack has secured its next campaign outside Brazil after its current scheduled commitment.
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Across its global fleet, Noble reported approximately US$560 million in new contract awards since its July fleet status report, with backlog standing at US$6.7 billion on October 26. The awards span multiple regions and include Faye Kozack’s Ghana programme.
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Global marketed fleet utilisation increased to 70% in the third quarter from 67% in the previous quarter. Adjusted EBITDA declined to US$201 million from US$212 million, with several rigs transitioning between contracts.
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Explore Noble Courage and Noble Faye Kozack’s specifications, news and fixture history on wsb-one.
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