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Responsible Business

Collaborating to unlock collective and corporate opportunities

Noble is a member of a unique offshore development alliance that is transforming the nature of collaboration with operators and competitors alike.

The Wells Alliance Guyana is a collaborative working relationship of the operator, Noble and one other drilling contractor, and three service providers as one unified team, working toward a shared vision: 
To be the undisputed leader in the deepwater well construction business to unlock future opportunities.

Established in August 2024, the Alliance is not a legally binding business partnership or joint venture arrangement. Instead, it thrives on trust, transparency and alignment with shared values and behaviors. Strong governance practices reinforce this commitment, enabling future projects and long-term value creation for stakeholders. While Alliance members remain committed to fair competition and full compliance with anti-trust laws, they collaborate closely on operations, leveraging each company’s strengths to drive efficiency. 

Through alliances, we sharpen our ability to listen, learn and improve all aspects of our business.

We believe that helping unlock future opportunities for the Wells Alliance Guyana, we will also unlock new possibilities for Noble.

Taking responsibility and accountability for outcomes is a hallmark of the collaboration. KPIs (key performance indicators) support the Alliance vision and include cost per day, cost per well and days per well, and members are incentivized to excel beyond stated performance goals. The long-term nature of the contract allows Alliance members to take a team- and goal-oriented approach to performance, with the objectives of removing waste, streamlining delivery, optimizing resources and continuously improving operations and HSE.

When the Alliance challenged drillers to cut drilling time for deepwater wells in half, Noble was able to study every step of the drilling process and think outside the box to develop solutions. We met the challenge and continue to identify repeatable processes that allow us to save time, reduce cost, enhance safety and potentially to cut emissions. Repeatability also allows the Alliance to plan and forecast more effectively. 

Wells Alliance Guyana Values:

Care for Others
Own the Outcome
Motivate One Another
Maintain Integrity
Inspire Innovation
Trust Each Other

The Alliance is also streamlining the supply chain, identifying opportunities to share resources and optimize equipment usage. With multiple rigs operating, drillers have reduced the amount of spare equipment on board, significantly reducing transport needs and costs.

Investment in automation, energy, energy-efficient equipment and technology that enhances operational and safety performance while lowering environmental impact. Highly automated rigs reduce risks by eliminating process variations and preventing safety incidents.

Membership in the Wells Alliance Guyana requires a strong, long-term commitment to collective success. Noble’s participation in the Alliance has strengthened our ability to work in a unified manner, refining our approach to collaboration.

Through alliances, we sharpen our ability to listen, learn and improve all aspects of our business.

We believe that helping unlock future opportunities for the Wells Alliance Guyana, we will also unlock new possibilities for Noble.

Noble 2024 Sustainability Report

For a deeper dive, explore the full PDF report with more extensive insights and details.

PDF 14.4 MB
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The Noble Code: Our foundation of ethics and integrity