Noble Corporation Wins 2007 National 'SAFE' Awards From Minerals Management Service for Second Consecutive Year

SUGAR LAND, Texas, April 11 /PRNewswire-FirstCall/ -- For the second consecutive year, Noble Corporation NYSE: NE has been named the recipient of the United States Department of the Interior's Minerals Management Service (MMS) 2007 National Safety Award for Excellence (SAFE) for Drilling Contractors. The SAFE Award was established by the MMS to recognize and commend companies that excel in their efforts to conduct offshore operations in a safe and pollution-free manner, adhere to all regulatory requirements, employ trained and motivated personnel, and take extra steps to enhance the safety of operations and environmental protection. This is Noble's third time to win the SAFE Award since the program's inception.

"Noble's U.S. Gulf of Mexico team has once again achieved truly outstanding results in offshore safety and environmental performance," said David W. Williams, Noble Corporation Chairman, President and Chief Executive Officer. "The hard work and effort of this team is a sterling reflection on Noble and recognizes their accomplishments and commitment to our Company's vision of an incident-free workplace and operational excellence. Noble is proud to lead the way in demonstrating a culture of safety and environmental awareness that our customers expect and our employees deserve."

Commenting during the award's presentation on April 10, 2008, MMS Director Randall Luthi said, "The companies and individuals honored today should be justifiably proud of earning these prestigious awards. The awardees have been exemplary in helping MMS as we strive to balance the critical search for offshore energy with safe and environmentally responsible offshore operations."

Noble Corporation is a leading offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 62 mobile offshore drilling units located in key markets worldwide, including the U.S. Gulf of Mexico, Middle East, Mexico, the North Sea, Brazil, West Africa and India. The fleet count includes five rigs under construction. Additional information on Noble Corporation is available via the worldwide web at http://www.noblecorp.com.