Responsible Business

Storm season preparedness: Advanced risk management supports resilience

Safeguarding people, assets, and customer operations is central to Noble’s responsible and resilient operating approach.

The capabilities of our offshore teams, the Extreme Weather Monitoring (EWM) system, and Noble Operational Risk Management Support (NORMS) work together as an integrated structure intended to anticipate, manage, and respond to the challenges of storm season. Actual results may vary based on storm characteristics and operational conditions.

While Noble has invested in the technology-driven EWM tool, its effectiveness also depends on stakeholder understanding and the policy framework that governs storm-response decisions. Consistent engagement by offshore crews, shoreside support functions, and leadership helps ensure that data-driven guidance is interpreted and applied appropriately. NORMS aims to reinforce this discipline by bridging technology and policy, strengthening organizational alignment, and promoting consistent execution across the fleet. Outcomes depend on timely data availability, training, and operational constraints.

NORMS is a specialized operational support resource during storm season that is designed to enhance consistency, discipline, and shared learning across the fleet. Through the expertise of seasoned drilling, marine, and technical leaders, NORMS captures lessons learned from individual rigs and distributes this knowledge across the organization. While operational authority remains with each rig, NORMS supports informed decision-making through after-action reviews, improved alignment between offshore and onshore teams, and the promotion of best practices designed to enhance storm-season readiness.

“Storm‑season preparedness is about how people, technology, and judgment come together. By combining advanced forecasting tools with disciplined decision‑making and shared learning across offshore and onshore teams, we work to reduce uncertainty and support timely actions that help protect our people, assets, and customer operations.”

— Thad Fendley Director Marine Assurance and Operations, Operational Integrity

As part of Noble’s risk-management framework, the EWM tool provides probabilistic guidance based on available data and forecasting inputs during severe weather events. By integrating real-time rig GPS data, operational planning information, and advanced forecasting technology, the tool offers a geographic visualization that aims to reduce uncertainty in stay-or-leave decisions. This supports timely actions to protect people and assets. The tool’s manual storm-simulation capability enables flexible training opportunities; simulations are training aids and do not replicate all real-world conditions. It does not eliminate uncertainty or provide guarantees.

To maintain scientific rigor, Noble continues to review and integrate the latest National Hurricane Center storm data into the software to inform calculations with current and credible meteorological information. In parallel, Noble monitors and incorporates relevant regulatory updates, embedding that guidance into established processes. Integration timelines and applicability may vary by jurisdiction and operational context.

Training is essential to maintaining readiness, which is why NORMS coordinates recurring fleetwide EWM exercises. Noble conducts periodic weather simulations that require real-time evasion and/or evacuation decision making, preparing offshore crews and shoreside support functions for hurricane and cyclone seasons. Participation and frequency may vary by rig and region.

The Noble Operational Risk Management Support (NORMS) center was launched in October 2023.

Continuous improvement through simulation

The April 2025 simulation refreshed critical skills, collected feedback, and informed improvements before peak storm season. Leadership emphasizes that readiness cannot be assumed; it must be tested and verified through repeated, realistic exercises. A simulation is currently planned for 2026, subject to change based on operational needs, regulatory guidance, and weather activity, to help teams validate preparedness and address gaps before peak activity.

Through advanced digital systems, periodic simulation-based training, ongoing data and regulatory updates, and a culture shaped by shared expertise, Noble aims to support people and operations in remaining protected, prepared, and resilient to the extent practicable during storm season. 

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The Noble Code: Our foundation of ethics and integrity

Responsible Business

The Noble Code: Our foundation of ethics and integrity

At Noble, being a responsible business means doing what is right. We believe doing the right thing benefits our stakeholders and our business, enhancing our ability to be the First Choice Offshore driller.

Noble strives to adhere to high standards for ethics, integrity, health, safety, and environmental stewardship to earn respect around the world.

We are deeply committed to operating ethically and with integrity in all aspects of our business. This commitment reflects our responsibility to our employees, customers, vendors, stakeholders, society, and the environment. The Noble Code of Conduct explains our responsibilities to our people, the communities where we operate, and the world.

The Code describes why these responsibilities matter and how we uphold them. It serves as a living, active reference that guides us as individuals and as a company, offering a model for ethical decision-making to help us choose the right path.

The Code covers a wide range of topics related to sustainability, health and safety, environmental responsibility, and our business relationships. Working in tandem with the Code, our management system provides detailed guidance, through policies and procedures, on how we work to uphold our mission, vision, and values.

Our Code applies to all employees, executives, officers, and members of our Board of Directors, and is available online in ten languages. All third parties doing work for Noble must maintain a code of conduct that aligns with our principles or must adopt our Code.

Noble’s Chief Compliance Officer has direct access to the chair of the Audit Committee and reports quarterly to the full Audit Committee on both the Code and ethics and compliance program.

Ethics and compliance training in 2025

93%

completion of online training

92%

completion of in-person training by target audience at shorebases and major offices globally

Conducted in-person training in 5 offices and on 3 rigs worldwide

Training emphasizes fundamentals

Employees complete online Code training upon hiring and annually thereafter, so that employees receive a refresher at least once a year. In 2025, our ethics and compliance team conducted in-person training at most of our major offices and continued in-person sessions on rigs.

We remain committed to our goal of 100% completion of online training and to providing regular in-person training at our offices and our rigs.

Training in 2025 focused on increasing awareness of Noble’s process for reporting concerns, potential Code violations, and illegal or unethical business conduct. Employees are obligated to report concerns and Noble provides multiple channels to support this responsibility. In addition to our anonymous, confidential NobleLine resource, employees may report concerns to a designated person ashore, or to representatives from Human Resources, Ethics and Compliance, Legal, Finance, Internal Audit, HSE, or any supervisor. The company pledges to receive reports anonymously, investigate them thoroughly, and enforce our non-retaliation policy for reports made in good faith.

We engage employees on ethics and compliance through in-person and computer-based training, a mobile app, a dedicated internal website and ongoing executive advocacy, all supported by our strong culture of ethics.

We believe that following laws, complying with regulations, and adhering to high global standards will help Noble continue to operate as a sustainable enterprise. 

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Creating measurable social impact with charitable contributions