Noble (NE) contracts with Shell (RDS.A) to move a deepwater rig from the Gulf of Mexico to...

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

Noble (NE) contracts with Shell (RDS.A) to move a deepwater rig from the Gulf of Mexico to Brazil, and expects that more would follow, which "may at some point impact the broader deepwater market." The previous contractor, unaffiliated Noble Energy (NBL), bowed out due to a lack of Gulf permits.