
Noble Posts $37 Million Q2 Loss After Brazil Rig Suspensions
Noble reported a $37 million net loss for the second quarter of 2026 after suspensions involving two Petrobras-contracted rigs in Brazil reduced revenue and utilisation.

Noble reported a $37 million net loss for the second quarter of 2026 after suspensions involving two Petrobras-contracted rigs in Brazil reduced revenue and utilisation.

Arabian Drilling has received notice to resume three offshore rigs suspended earlier in 2026, with full offshore fleet utilisation expected by year-end.

Arabian Drilling restarted recalled rigs and scheduled another to begin on 2 March 2026, while launching its first GCC international offshore contract focused on exploration work.
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