Explore All 413 Divestiture Oil/Gas Exploration Deals - Search the Database Free
M&A Deal Summary |
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|---|---|
| Date | December 8, 2025 |
| Target | Noble - Jack-Up Rigs |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Borr Drilling |
| Sellers(s) | Noble |
| Deal Type | Divestiture |
| Deal Value | 360M USD |
FILTER BY
| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Oil/Gas Exploration |
| Employees | 2,087 |
| Revenue | 1.0B USD (2024) |
Borr Drilling Limited is an offshore drilling contractor that owns and operates jack-up drilling rigs, providing services to oil and gas exploration and production companies in shallow-water environments worldwide. Borr Drilling was founded in 2016 and is based in Hamilton, Bermuda.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Bermuda | 1 of 1 |
| Year: 2025 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Energy Services and Equipment |
| Employees | 5,000 |
| Revenue | 3.1B USD (2024) |
Noble is an offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 77 offshore drilling units (including two ultra-deepwater drillships and four high-specification jackup drilling rigs currently under construction), located worldwide, including in the U.S. Gulf of Mexico and Alaska, Mexico, Brazil, the North Sea, the Mediterranean, West Africa, the Middle East, India, Malaysia, and Australia. Noble was founded in 1921 and is based in Houston, Texas.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Bermuda | 1 of 1 |
| Year: 2025 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-10 |
Diamond Offshore
Houston, Texas, United States Diamond Offshore is an offshore drilling company that provides contract drilling services to the energy industry via offshore drilling rigs, semisubmersibles, dynamically positioned drillships, and jack-ups. Diamond Offshore was incorporated in 1953 and is based in Houston, Texas. |
Buy | $1.6B |