Noble (NE) cuts its Q3 revenue outlook by ~$50M, citing extended downtime for a deepwater rig...

|About: Noble Corporation plc (NE)|By:, SA News Editor

Noble (NE) cuts its Q3 revenue outlook by ~$50M, citing extended downtime for a deepwater rig undergoing a planned shipyard program. While the rig appears not to have sustained damage from Hurricane Isaac, NE expects it may experience 30-40 days of unpaid downtime due to a delay in mobilization to Brazil. NE -0.4% premarket.