Noble Corp. (NE +4%) says Shell (RDS.A) has been in talks to extend its contract to use the...

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

Noble Corp. (NE +4%) says Shell (RDS.A) has been in talks to extend its contract to use the Noble Discoverer beyond Feb. 2014, underlining its long-term plans for the offshore Arctic. NE also secures contracts for its final two ultra-deepwater drillships under construction, adding $1.3B to its backlog; it had reported earlier a backlog of $14B, down from $14.3B Q/Q, along with higher-than-expected Q1 profits.