THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Noble Energy, Inc. (NBL)

3/23/2006 Proxy Information

In the ordinary course of its business, the Company purchases products or services from, or engages in other transactions with, various third parties. Occasionally, these transactions may involve entities that are affiliated with one or more members of the Board of Directors. When they occur, these transactions are conducted in the ordinary course and on an arms-length basis.

During 2005, the Company paid approximately $374,194 to Thomas J. Edelman, a director of the Company, pursuant to the terms of a consulting agreement with an effective date of May 16, 2005 between Mr. Edelman and the Company. The Company entered into the consulting agreement to retain the services of Mr. Edelman as an independent contractor of, and consultant for, the Company for a period of twelve months from the effective date of the agreement. The consulting agreement requires Mr. Edelman to provide the Company with advice on specific matters, with a principal focus on the integration of the operations of Patina Oil & Gas Corporation into the operations of the Company. The Company will pay Mr. Edelman the sum of $50,000 monthly and provide certain benefits to Mr. Edelman throughout the term of the consulting agreement.

During 2005, the Company received approximately $3.3 million from Tesoro Corporation, as consideration for a single sale of crude oil production attributable to the Company’s non-operated interest in the El Tordillo field in Argentina. The sale of the Company’s crude oil to Tesoro was arranged by the field operator, TecPetrol Sociedad Anonima, in connection with a single arms-length fair market value transaction by competitive bid covering all field production, without active participation by the Company. Mr. Smith is Chairman and Chief Executive Officer of Tesoro.

During 2005, the Company paid approximately $77,436 to The Samuel Roberts Noble Foundation, Inc., principally relating to reimbursement of expenses for the Company’s use of aircraft owned by the Foundation, and the Company received payments of approximately $24,289 for the Foundation’s use of aircraft owned by the Company. Michael A. Cawley is President and Chief Executive Officer of the Foundation, and a trustee of the Foundation.

3/18/2005 Proxy Information

In the ordinary course of its business, the Company purchases products or services from, or engages in other transactions with, various third parties. Occasionally, these transactions may involve entities that are affiliated with one or more members of the Board of Directors. When they occur, these transactions are conducted in the ordinary course and on an arms-length basis.

During 2004, the Company paid approximately $105,633 to The Samuel Roberts Noble Foundation, Inc., principally relating to reimbursement of expenses for the Company’s use of an aircraft owned by the Foundation. The Company received payments from the Foundation of approximately $13,346 for aircraft usage. Michael A. Cawley is President and Chief Executive Officer of the Foundation, and a trustee of the Foundation.

3/24/2004 Proxy Information

Mr. Day is the Chairman of the Board and Chief Executive Officer of Noble Corporation. During 2003, the Company paid Noble Corporation (formerly Noble Drilling Corporation) approximately $2.6 million for drilling services. As an operator, the Company also paid approximately $126,898 to Noble Corporation on behalf of other working interest owners and approximately $1.0 million to Noble Corporation as oil and gas royalties. During this period, the Company, as operator, also received payments from Noble Corporation of approximately $35,778 for certain Noble Corporation leasehold working interests operated by the Company.

Michael A. Cawley is President and Chief Executive Officer of The Samuel Roberts Noble Foundation, Inc. Mr. Cawley and James C. Day are trustees of the Foundation. During 2003, the Company paid approximately $157,916 to the Foundation, principally relating to reimbursement of expenses for the Company’s use of an aircraft owned by the Foundation. The Company received payments from the Foundation of approximately $7,397 for the Foundation’s usage of the Company’s aircraft.

Bruce A. Smith is President and Chief Executive Officer of Tesoro Petroleum Corporation. During 2003, the Company paid approximately $275,960 to Tesoro Marine Services, Inc., a subsidiary of Tesoro Petroleum Corporation, for supplies used in the Company’s business.

3/25/2003 Proxy Information

During 2002, the Company paid Noble Corporation (formerly Noble Drilling Corporation) approximately $3.4 million for drilling services. As an operator, the Company also paid approximately another $5.0 million to Noble Corporation on behalf of other working interest owners. During this period, the Company, as operator, also received payments from Noble Corporation of approximately $650,000 for certain leasehold working interests owned by Noble Corporation and operated by the Company. James C. Day is the Chairman of the Board and Chief Executive Officer of Noble Corporation.

During 2002, the Company paid approximately $170,000 to the Samuel Roberts Noble Foundation, Inc., principally relating to reimbursement of expenses for the use of an aircraft owned by The Foundation. Michael A. Cawley is President and Chief Executive Officer of the Foundation. Messrs. Cawley and Day are trustees of the Foundation.

During 2002, the Company paid approximately $84,000 to Tesoro Marine Services, Inc., a subsidiary of Tesoro Petroleum Corporation, for supplies used in the Company's business. Bruce A. Smith is President and Chief ExecutiveOfficer of Tesoro Petroleum Corporation.

During 2002, James C. Day served as a member of the Company's Compensation, Benefits and Stock Option Committee until his resignation from that Committee on April 11, 2002.