"I'd like to thank Paramount and Regency for backing my team's work to breathe new life into the biblical epic," Aronofsky said in a statement.
"I rejoice that Russell Crowe will be by my side on this adventure. It's his immense talent that helps me to sleep at night. I look forward to being wowed by him every day," he added. "Noah" is due to begin filming in July this year and the film is expected to release March 28, 2014.