Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Wolford Bernie G.
2. Date of Event Requiring Statement (Month/Day/Year)
02/03/2012
3. Issuer Name and Ticker or Trading Symbol
Noble Corp / Switzerland [NE]
(Last)
(First)
(Middle)
DORFSTRASSE 19A
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP Operations
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

6340 BAAR, SWITZERLAND 
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Shares 2,478
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options   (1) 02/04/2021 Shares 4,528 $ 37.71 D  
Restricted Stock Units   (3)   (3) Shares 4,896 $ 0 (2) D  
Restricted Stock Units   (4)   (4) Shares 3,182 $ 0 (2) D  
Performance Vested Restricted Stock Units   (5)   (5) Shares 7,134 $ 0 (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Wolford Bernie G.
DORFSTRASSE 19A
6340 BAAR, SWITZERLAND 
      SVP Operations  

Signatures

/s/ Julie J. Robertson By Power of Attorney Dated January 31, 2012 02/07/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The stock options vest in three equal annual installments beginning on the first anniversay of the grant date; 1,509 exercisable on 2/4/2012, 1,509 exercisable on 2/4/2013, 1,510 exercisable on 2/4/2014
(2) Each restricted stock unit represents a contingent right to receive one share
(3) The restricted stock units vest and settle as follows: 2,448 vest on 3/22/2012, 2,448 vest on 3/22/2013
(4) The restricted stock units vest and settle as follows: 1,060 vested on 2/4/12, 1,061 vest on 2/4/2013 and 1,061 vest on 2/4/2014
(5) Each Performance Vested Restricted Stock Unit represents a contingent right to receive one share. Performance Vested Restricted Stock Units vest upon the company achieving a total shareholder return over a three-year performance cycle (2011-2013) relative to a specified peer group. Grant date was 2/4/2011
 
Remarks:
Exhibit Index:
Exhibit 24 - Power of Attorney

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