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Noble Reviews Options for Idle Ocean Apex

Noble Corp. is reviewing options for the idle 1,828.8 m-rated Ocean Apex semisubmersible, which moved to Malaysia in October 2025 after work for Chevron in Australia.
Ocean Apex (Image source: Noble Corporation)

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Noble Corp. is reviewing next steps for the idle 6,000-ft semisubmersible Ocean Apex.

Company executives said during Noble Corp.’s Q1 2026 conference call on 27 April 2026 that opportunities exist for the rig. The company expects to decide its next move within the next couple of quarters.

The 1976-built Ocean Apex last worked for Chevron in Australia. The rig moved to Malaysia in October 2025 and has remained idle there since.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
Six injured survivors were hospitalised in Port-Gentil, according to local reporting. Borr Drilling said rescue work remained its priority while it supported an investigation into the rig's sinking.
SPM would pay USD 10 million on delivery and USD 15 million after receiving its first payment under a potential drilling contract. A separate proposal covers management of Blackford Dolphin and another rig.
RigCo will fund the work from existing cash. The drillship and jack-up are expected in 2027 and 2028, respectively, while construction plans for the two semi-submersibles remain under assessment.

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