Search results for: Vantage Drilling

27773 results

A list of search results

  • 2 September 2015
    Business & Finance, Exploration & Production

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

  • 30 March 2018
    Business & Finance, Exploration & Production

    Offshore driller Vantage Drilling narrowed its net loss in the fourth quarter 2017 as its revenues grew boosted by significant increase in rig utilization. 

  • 12 May 2020
    Business & Finance, Business developments & projects

    Offshore drilling company Vantage Drilling International saw its net loss shrink in the first quarter of 2019.

  • 20 November 2018
    Exploration & Production

    Offshore drilling company Vantage Drilling has agreed to pay a settlement fee and resolve the SEC’s investigation into a potential bribery case related to a drillship deal with Petrobras.

  • 10 May 2019
    Business & Finance, Exploration & Production

    Offshore drilling company Vantage Drilling International saw its net loss deepen in the first quarter of 2019.

  • 2 November 2018
    Business & Finance, Exploration & Production

    Offshore driller Vantage Drilling has reduced its quarterly net loss on the back of higher revenues as its rig utilization went up compared to the prior-year period.  Vantage Drilling on Friday reported a net loss of approximately $26.1 million for the three months ended September 30, 2018 as compared to a net loss of $40.1 […]

  • 3 July 2018
    Exploration & Production

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

  • 6 April 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Vantage Drilling has acquired the Hercules 260 jack-up rig from the bankrupt driller Hercules Offshore and has renamed it the Vantage 260.  The driller said on Wednesday that its subsidiary, Vantage Drilling Africa, bought the rig for an undisclosed amount from Hercules’ subsidiary, Hercules International Drilling, Ltd. The jack-up is of a Marathon […]

  • 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 […]

  • 5 March 2020
    Business & Finance, Exploration & Production

    Vantage Drilling booked a loss in the last quarter of 2019 despite increase in revenues driven by higher utilization in both jack-up and deepwater segment. 

  • 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.

  • 17 June 2011
    Business & Finance

      Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill ship. The contract is worth about NOK 540 million. The drill ship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drilling Company. “We are very pleased […]

  • 22 February 2016
    Business & Finance, Exploration & Production

    Vantage Drilling, an offshore drilling contractor with a fleet of three ultra-deepwater drillships, has signed an agreement for a two-year extension of the Tungsten Explorer contract.  According to Vantage, the contract is now anticipated to keep the Tungsten Explorer working until October 2018. However, the drilling contractor did not provide any financial details of the […]

  • 17 June 2011
    Business & Finance, Equipment

    Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill ship. The contract is worth about NOK 540 million. The drill ship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drilling Company. “We are very pleased to […]

  • 17 June 2011

    Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill ship. The contract is worth about NOK 540 million ( USD 97 million) . The drill ship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drilling Company. […]

  • 12 August 2016
    Business & Finance

    Vantage Drilling, a Houston-based offshore drilling contractor, has appointed Ihab Toma as the company’s chief executive officer (CEO) and a member of the board of directors. The company said on Thursday that Toma joins Vantage with more than 30 years of experience in the oilfield industry and that the changes will become effective on August 29. […]

  • 15 November 2017
    Exploration & Production

    Offshore driller Vantage Drilling has entered into a joint venture with ADES to provide deepwater drilling services in Egypt.

  • 31 October 2019

    Offshore drilling company Vantage Drilling has scored more rig work with the Italian oil company Eni.

  • 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 […]

  • 17 July 2018
    Exploration & Production

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

  • 14 August 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Vantage Drilling returned to quarterly profit on the back of drilling contract termination revenue received from Petrobras. 

  • 14 December 2010
    Business & Finance

    Vantage Drilling Company announced that the ultra-deepwater drillship, the Platinum Explorer, has recently set sail from Singapore and is currently enroute to India to commence a five year contract with Oil & Natural Gas Corporation Limited. The Platinum Explorer is expected to arrive in India on December 16th where it will clear customs before mobilizing […]