Mar 30, 2011

Noble considers older rig selling



* CEO will consider potential for spin-off of older rigs
* Rival Transocean also looking at spinning off older rigs

Noble Corp (NE.N), owner of the second-largest offshore drilling fleet, is looking at potential sales of older, less-capable rigs in order to improve the overall fleet profile, its chief executive said on Wednesday.
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Source: Reuters

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