Search results for: Titanium Explorer

33318 results

A list of search results

  • 8 February 2019
    Business & Finance, Exploration & Production

    Brazilian oil company Petrobras has set aside $622 million plus interest in case it is forced to pay Vantage Drilling for wrongful termination of a 2015 drillship contract.

  • 9 December 2012

    The ultra-deepwater drillship, Titanium Explorer, started  its drilling contract with Brazil’s Petrobras in the U.S. Gulf of Mexico, on Friday, December 7.  The Titanium Explorer, formerly known as the Dragonquest, owned by Vantage Drilling, is contracted for eight years. Under the contract, Brazilian-state controlled oil company Petrobras has the right to re-locate and utilize the […]

  • 23 April 2012
    Business & Finance

    On Friday, April 20, Vantage Drilling Company announced that the Luxembourg branch of its wholly-owned subsidiary Vantage Drilling Poland Sp. z o.o. has acquired and accepted delivery of the Titanium Explorer, a deepwater drillship formerly known as the Dragonquest. The acquisition was accomplished under the previously announced Purchase Agreement (“Purchase Agreement”) with Valencia Drilling Corporation […]

  • 22 April 2012
    Business & Finance

    Vantage Drilling Company  announced Friday that the Luxembourg branch of its wholly-owned subsidiary Vantage Drilling Poland Sp. z o.o.  acquired and took delivery of the Titanium Explorer, a deepwater drillship formerly known as the Dragonquest. The acquisition was accomplished under the previously announced Purchase Agreement (“Purchase Agreement”) with Valencia Drilling Corporation (“Valencia”), an affiliate of […]

  • 17 July 2018
    Exploration & Production

    Brazilian prosecutors have charged former Vantage Drilling CEO Paul Bragg of corruption and money laundering.

  • 9 December 2012
    Business & Finance

    Vantage Drilling Company (“Vantage”) announced that the ultra-deepwater drillship, Titanium Explorer, commenced operations in the U.S. Gulf of Mexico on the morning of December 7th, 2012. The Titanium Explorer is contracted by Petrobras for eight years, and the expected revenues of the contract are approximately $1.6 billion. The Titanium Explorer is a self-propelled, dynamically positioned […]

  • 11 November 2012

    Vantage Drilling on Friday announced that its Titanium Explorer drillship is yet to begin its drilling contract with Petrobras in the U.S. Gulf of Mexico. The drillship was delivered to Vantage Drilling in April 2012. Titanium Explorer was supposed to commence its contract in the U.S. Gulf of Mexico with Brazil’s oil company Petrobras, but due […]

  • 12 November 2012
    Business & Finance, Project & Tenders

    Vantage Drilling announced that the Titanium Explorer, which was acquired in April 2012, mobilized to the United States Gulf of Mexico, to commence an eight year contract with Petrobras.  Acceptance testing with the customer was interrupted during the third quarter by Hurricane Isaac, which necessitated sailing out of harm’s way and further disrupted the supply […]

  • 26 June 2014

    Ophir Energy plc announces that drilling operations have now concluded on the Okala-1 well in the Mbeli Block offshore Gabon. The well was drilled by the Vantage Titanium Explorer drillship to a depth of 4,229m MD targeting Cretaceous sands in the pre-salt section. The well encountered a thick section of Aptian salt as prognosed and well […]

  • 17 August 2017
    Exploration & Production

    Offshore drilling contractor Vantage Drilling International said on Wednesday an investigation into the company’s possible violations of the Foreign Corrupt Practices Act regarding alleged improper payment in Brazil had been completed. The company said it had received a letter from the United States Department of Justice  acknowledging Vantage’s full cooperation in the DOJ’s investigation concerning […]

  • 20 May 2019

    Offshore drilling company Vantage Drilling has said that a U.S. district court has affirmed a previously awarded international arbitration ruling in a drillship contract termination case between Vantage and Brazilian oil company Petrobras.

  • 26 June 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Ophir Energy plc has announced that drilling operations have now ended on the Okala-1 well in the Mbeli Block offshore Gabon. Ophir has a 50% net operated interest. The well was drilled by the Vantage Titanium Explorer drillship to a depth of 4,229m MD targeting Cretaceous sands in the pre-salt section. The well encountered a thick section […]

  • 3 July 2018
    Exploration & Production

    Brazil’s Petrobras will have to pay Vantage Drilling $622.02 million for drilling contract breach.

  • 24 June 2019
    Infrastructure

    Brazil’s Petrobras has paid Vantage Drilling $700.9 million for 2015 drillship termination and certain unpaid invoices, following a previously rendered arbitration award and related U.S. judgment confirming the award.

  • 10 May 2013
    Business & Finance

    Vantage Drilling Company reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March […]

  • 10 May 2013
    Business & Finance, Operations & Maintenance

    Vantage Drilling Company (“Vantage” or the “Company”) reports a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the […]

  • 2 September 2015
    Business & Finance, Exploration & Production

    Brazil’s national oil company Petrobras has terminated its drillship contract with Vantage Drilling.

  • 10 May 2013

    Vantage Drilling Company  has reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the three months ended […]

  • 30 July 2012
    Business & Finance

    Vantage Drilling, a Cayman Islands exempted offshore drilling contractor, reports a net loss of $10.0 million or ($0.03) per diluted share for the three months ended June 30, 2012 as compared to a net loss of $40.1 million or ($0.14) per diluted share for the three months ended June 30, 2011. For the six months […]

  • 10 November 2015
    Exploration & Production

    Vantage Drilling Company, an offshore drilling contractor with a fleet of three ultra-deepwater drillships, has seen its net loss deepen in the third quarter of 2015 when compared to the same period last year.  The drilling contractor on Monday posted a net loss for the third quarter 2015 of $52.4 million as compared to a net […]

  • 10 May 2012
    Business & Finance

    Vantage Drilling, an offshore drilling contractor headquartered at Cayman Islands, reports a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March 31, 2012 as compared to a net loss of $18.7 million or ($0.06) per diluted share for the three months ended March 31, 2011. Paul Bragg, Chairman […]

  • 19 March 2014
    Business & Finance, Operations & Maintenance

    Ophir Energy has concluded drilling operations on the Padouck Deep-1 well in the Ntsina Block offshore Gabon. Ophir has a 50% net operated interest. The well was drilled by the Vantage Titanium Explorer drillship to a depth of 3,297m TVDSS targeting the Cretaceous Gamba and Coniquet/Dentale sands in the pre-salt section. Thicker than expected, good quality […]