FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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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1. Name and Address of Reporting Person * WILLIAMS DAVID W   2. Issuer Name and Ticker or Trading Symbol Noble Corp / Switzerland [NE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman, President , and CEO (Last) (First) (Middle) DORFSTRASSE 19A 3. Date of Earliest Transaction (Month/Day/Year) 02/03/2012 (Street) 6340 BAAR, SWITZERLAND  4. If Amendment, Date Original Filed(Month/Day/Year) 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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Shares (1) 02/03/2012   D   152,068 D $ 0 242,966 D   Shares 02/03/2012   F   12,394 D $ 36.815 230,572 D   Shares 02/04/2012   A   21,214 A $ 0 251,786 D   Shares 02/04/2012   F   7,733 D $ 36.815 244,053 D   Shares 02/06/2012   A   19,260 A $ 0 263,313 D   Shares 02/06/2012   F   7,021 D $ 37.315 256,292 D   Shares               139.5618 I By Trust (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$ 36.815	02/03/2012		A		89,302		(3)	02/03/2022	Shares	89,302	$ 0	89,302	D
Restricted Stock Units	$ 0 (4)	02/03/2012		A		65,191		(5)	(5)	Shares	65,191	$ 0	65,191	D
Performance Vested Restricted Stock Units	$ 0 (6)	02/03/2012		A		136,870		(6)	(6)	Shares	136,870	$ 0	136,870	D
Restricted Stock Units	$ 0 (4)	02/04/2012		D			21,214	(5)	(5)	Shares	21,214	$ 0	42,430	D
Restricted Stock Units	$ 0 (4)	02/06/2012		D			19,260	(5)	(5)	Shares	19,260	$ 0	19,260	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WILLIAMS DAVID W DORFSTRASSE 19A 6340 BAAR, SWITZERLAND	X		Chairman, President , and CEO

Signatures

/s/ Julie J. Robertson By Power of Attorney dated August 1, 2011		02/07/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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)	Forfeiture of performance based restricted shares from award date February 25, 2009
(2)	Shares held in the Noble Drilling Corporation 401(k) Savings Plan
(3)	Represents option to purchase 89,302 shares at $36.815 with a vesting schedule of 29,767 shares on February 3, 2013; 29,767 shares on February 3, 2014; and 29,768 shares on February 3, 2015
(4)	Each restricted stock unit represents a contingent right to receive one share
(5)	The restricted stock units vest and settle in three equal annual installments beginning on the first anniversay of the grant date
(6)	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 (2012-2014) relative to a specified peer group

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