Noble Corporation PLC

Noble Corporation PLC is an offshore drilling contractor that offers services to the energy industry, focusing on drilling services for oil and gas exploration and production. They specialize in providing high-quality rigs and personnel to operate drilling operations in various offshore environments.

CCI Score

-8.84

0.01% April 18

Latest Event

Minimal Political Engagement Reported

An OpenSecrets profile for Noble Corporation reveals that during the 2024 cycle the company reported only $3,413 in political contributions and no lobbying or outside spending. This indicates a restrained level of corporate political influence, suggesting that Noble Corporation is abstaining from extensive engagement that could potentially support authoritarian agendas.

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COLLABORATOR

Noble Corporation PLC is currently rated as a Collaborator.

-5 to -9 CCI Score

In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

DEC

31

2024

Minimal Political Engagement Reported
67.95

An OpenSecrets profile for Noble Corporation reveals that during the 2024 cycle the company reported only $3,413 in political contributions and no lobbying or outside spending. This indicates a restrained level of corporate political influence, suggesting that Noble Corporation is abstaining from extensive engagement that could potentially support authoritarian agendas.
+70

Political Contributions and Lobbying Efforts

April 8

Noble Corporation's minimal reported political contributions and complete absence of lobbying in the 2024 cycle suggests they are not leveraging corporate power to influence political processes. In an era of growing authoritarian influence, such restrained political spending is viewed positively from an anti-fascist perspective, as it minimizes the risk of supporting far‑right or authoritarian groups.

Noble Corp Profile: Summary • OpenSecrets
JUN

10

2024

Noble's Acquisition of Diamond Offshore Drilling
-27.54

On June 10, 2024, Noble Corporation announced its $1.6 billion purchase of Diamond Offshore Drilling as part of a broader consolidation trend in the offshore drilling services market, aimed at enhancing market position and realizing significant cost synergies.
-30

Economic and Structural Influence

April 8

The acquisition further consolidates Noble's market dominance, increasing its economic influence and centralization of power in the offshore drilling sector. This consolidation can reduce competition, potentially weakening labor protections and enabling greater regulatory influence, conditions that contribute to authoritarian economic structures.

Sea Power: Noble's Deal Fires Major Volley in Offshore, Services M&A
JAN

01

2024

Noble Corp Lobbying Profile and 2024 Activity Report
-17.57

The OpenSecrets profile on Noble Corp details its longstanding lobbying activities since 1998 and notes that the company has not reported lobbying on specific bills in 2024, offering insight into its political engagement practices.
-20

Political Contributions and Lobbying Efforts

April 8

The OpenSecrets profile reveals that Noble Corp has a history of lobbying activities. Although it did not report targeting specific bills in 2024, the ongoing engagement in political lobbying raises concerns about potential undue influence over policy decisions, which may contribute to undermining democratic accountability and empowering authoritarian-aligned corporate interests.

Noble Corp Profile: Lobbying • OpenSecrets
OCT

05

2023

Noble CEO Predicts Offshore Shift Due to Biden Drilling Plan
-13.72

Noble Corp CEO Robert Eifler stated that the Biden administration’s new offshore drilling auctions will likely force the company to shift future rig investments outside of the United States, with expectations that regions like Brazil and West Africa will see increased activity. This statement reflects a strategic repositioning in response to regulatory changes affecting domestic operations.
-20

Public and Political Behavior

April 8

The CEO’s public remark signals a willingness to disengage from domestic investments in reaction to progressive energy policies. By planning to shift operations abroad, the company undermines US energy policy that supports domestic markets and sustainable practices, which is viewed negatively from an anti-authoritarian, progressive perspective.

Oil driller Noble’s CEO says Biden plan will push rigs outside US
-10

Economic and Structural Influence

April 8

The projected relocation of rigs and investments from the US to other global markets suggests a shift in economic influence that may diminish domestic employment and tax contributions. This structural move reflects corporate opportunism that prioritizes profit over national economic interests.

Oil driller Noble’s CEO says Biden plan will push rigs outside US
OCT

04

2023

Noble CEO Warns Offshore Drilling Plan Will Shift U.S. Investments Abroad
-10.29

In an interview reported on October 4, 2023, Noble Corporation CEO Robert Eifler warned that the Biden administration’s new offshore drilling plan could drive investments out of the U.S. and toward regions like Brazil and West Africa. The comment reflects concerns that domestic policy changes may lead to a reallocation of capital and influence, potentially strengthening economic ties with regions that have less robust regulatory frameworks.
-10

Public and Political Behavior

April 8

The CEO’s public remarks engage with political discourse by suggesting that government policy (Biden’s offshore drilling plan) will negatively impact domestic investment. This framing diverts accountability from domestic energy policy and may encourage a shift in economic focus that undermines local interests, aligning with broader concerns about corporate political behavior prioritizing profit over national and community well‐being.

Biden’s offshore oil drilling plan will push investments out of U.S., Noble CEO warns
-15

Economic and Structural Influence

April 8

The statement by CEO Eifler highlights a structural shift where Noble anticipates that U.S. offshore drilling policy will drive investments overseas. This signals a willingness to reallocate economic activity to regions that may have less regulatory oversight and potentially authoritarian governance structures, thereby raising concerns about the broader economic and structural influence of the company.

Biden’s offshore oil drilling plan will push investments out of U.S., Noble CEO warns
MAY

10

2017

Noble Energy Linked to Human Rights Violations in Palestine
-34.13

An investigation by SOMO revealed that operations conducted by Noble Energy near disputed maritime areas have potentially violated international law through the extraction of natural gas from contested fields, supplying gas that fuels Israeli settlements and exacerbates regional tensions.
-80

Business Practices and Ethical Responsibility

April 8

Noble Energy's extraction of gas from the Noa field without agreement from the Palestinian Authority, along with supplying gas to IEC which supports settlements implicated in war crimes, demonstrates a flagrant disregard for international human rights and ethical business practices.

US gas company linked to human rights violations in Palestine
-70

Economic and Structural Influence

April 8

By selling gas that is used to generate electricity for Israeli settlements and engaging in exploratory drilling near disputed zones, the company is indirectly reinforcing the economic and structural frameworks that underpin illegal occupation, thereby intensifying regional conflicts.

US gas company linked to human rights violations in Palestine
DEC

09

2014

Settlement Agreement Exposes Corporate Misconduct
-26.60

Noble Corporation PLC reached a $12.2 million settlement with the US Department of Justice after a two-year investigation revealed serious deficiencies in its drilling operations aboard the Noble Discoverer. The deal, which includes $8.2 million in fines and $4 million earmarked for community service, stems from violations such as inadequate recordkeeping and failures in notifying the US Coast Guard, ultimately leading to plea of guilt on eight felony counts.
-75

Business Practices and Ethical Responsibility

April 8

The settlement indicates systemic corporate misconduct in safety, environmental compliance, and operational oversight. Noble’s admission of guilt on multiple felony offenses, particularly for failing to maintain proper records and notify regulatory bodies, reflects poorly on its ethical business practices. Although the agreement includes measures for improvement, the severity of the violations underscores a significant breach of ethical responsibility.

Noble reaches $12.2million settlement deal with US government