Company: NE-WTA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006184
Chunk: 54

Company: Noble Corp plc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 54
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+ countries;

▪inventory levels and the cost and availability of storage and transportation of oil, gas, and their related products;

▪worldwide financial instability or recessions;

▪regulatory restrictions or any moratorium on offshore drilling or the availability of offshore lease or concession areas;

▪the discovery rate of new oil and gas reserves either onshore or offshore;

▪the rate of decline of existing and new oil and gas reserves;

▪available pipeline and other oil and gas transportation capacity;

▪oil refining capacity;

▪the ability of oil and gas companies to raise capital;

▪limitations on liquidity and available credit;

▪advances in exploration, development, and production technology either onshore or offshore;

▪technical advances affecting energy consumption, including the displacement of hydrocarbons;

▪merger, acquisition, and divestiture activity among oil and gas industry participants;

▪the availability of, and access to, suitable locations from which hydrocarbons can be produced;

▪adverse weather and sea conditions, including hurricanes, typhoons, cyclones, winter storms, and rough seas;

14

▪the occurrence or threat of a major natural disaster, catastrophic event, epidemic, or pandemic diseases, as well as any governmental response to such occurrence or threat;

▪changes in and compliance with tax laws, regulations, and policies;

▪changes in and compliance with environmental laws, regulations, and other initiatives, including those involving alternative energy sources, the phase-out of fossil fuel consuming vehicles, and the risks of global climate change;

▪the political environment of oil-producing countries or regions, including uncertainty or instability resulting from civil disorder, geopolitical instability, border disputes, or an outbreak or escalation of armed hostilities or acts of war or terrorism, such as the conflict between Russia and Ukraine, Middle East conflicts, and the Guyana-Venezuela dispute, and their respective regional and global ramifications; and

▪the laws, regulations, and policies of governments regarding exploration and development of their oil and gas reserves or speculation regarding future laws or regulations.

Adverse developments affecting the industry as a result of factors such as those listed above, including a decline in the price of oil and gas from their current levels or the failure of the price of oil and gas to consistently remain at or above a level that encourages our customers to expand their capital spending, the inability of our customers to access capital on economically advantageous terms, including as a result of the increasing focus on climate change by investors, a global