Noble sends 10 rigs to shipyard amid drilling lull

Noble Corp, the world's second-largest offshore drilling contractor by fleet size, said on Wednesday it sent 10 rigs to the shipyard because they could not secure contracts, and its stock fell 3 percent.
That brings the number of "stacked" Noble rigs to 12 out of total of 65, and comes a day after larger rival Transocean Ltd which has been more aggressive about stacking rigs said four more of its older rigs were now out of work. 
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Source: Reuters