ADES International Holding PLC agreed to acquire Four offshore jackup rigs from Noble Corporation (NYSE:NE) for approximately $290 million on August 25, 2021. ADES International Holding PLC ADES would hire much of the work force of the Noble group of companies associated with the operation of the jackup rigs, as well as the related ongoing drilling contracts and certain other contracts. The deal is subject to antitrust, regulatory and certain customary closing conditions. Deal is expected to occur during the fourth quarter of 2021. David Emmons of Baker Botts L.L.P. acted as a legal advisor to Noble Corporation (NYSE:NE) and Roderick Palmer of Hill Dickinson LLP acted as a legal advisor to ADES International Holding PLC.