Noble Corp books impairments totaling USD 4bn – but orderbook goes up

Financially reborn Noble Corp. sold off five cold-stacked drilling rigs in the fourth quarter 2021 and had to book an asset impairment totaling USD 4bn as a result, reveals the company's 2020 report. But the orderbook goes up.

Photo: POLFOTO/AP/Daniella Beccaria/seattlepi.com

BY IDHA TOFT VALEUR, SHIPPINGWATCH

2020 was an extremely difficult year for drilling company Noble Corp., which lived through receivership and a restructuring of the company's billion-dollar debt.

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