Offshore rig contractor vantage drilling weighs sale

TotalEnergies, Vantage Drilling Finalize Offshore

TotalEnergies and drilling contractor Vantage Drilling have officially launched a new joint venture (JV), TEVA Ship Charter, to acquire drilling

Top 10 offshore drillers catch the wave of rising demand

By Cinnamon Edralin, Westwood Global Energy Group The global offshore drilling rig fleet of jackups, semisubs, and drillships kept busy in 2023,

Vantage secures work for ultra-deepwater drillship

Offshore drilling contractor Vantage Drilling International has signed a conditional letter of award (CLOA) with an unnamed client for an ultra

Contract Extended for Vantage Drilling''s Platinum Explorer

UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum

Worldoils Oil and Gas Directory

Company name : Vantage Drilling Company Address : 777 Post Oak Blvd, Ste 610 Houston, Texas 77056 Country : United States (USA) Telephone : +1 281 404 4700 Website :

VANTAGE DRILLING

Vantage is an international offshore drilling contractor, formed in 2007, which markets, operates and manages modern, high specification drilling rigs. We provide contract drilling services to

Vantage Drilling $VTGDF, an offshore drilling contractor, is

Vantage Drilling $VTGDF, an offshore drilling contractor, is working with an adviser to explore a sale: https://t /mZTXdg7My5

Vantage Drilling International

Transaction Overview Transaction Overview Vantage Drilling International ("Vantage" or the "Company") is an international offshore drilling company focused on operating a fleet of

Vantage Drilling in joint venture with France''s

Vantage is an offshore drilling contractor whose primary business is to contract drilling units, related equipment and work crews primarily on a day

TotalEnergies Pays $199MM for Stake in JV Owning Drillship

Vantage is an offshore drilling contractor, with a fleet of two ultra-deepwater drillships, and two premium jackup drilling rigs.

Vantage Drilling International Ltd. | Offshore

More Info on Vantage Drilling International Ltd. Vantage Drilling''s primary business is to contract drilling units, related equipment and work

Offshore Rig Contractor Vantage Drilling Is Said to Weigh Sale

Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with the matter. The offshore drilling contractor is working with a

Vantage wraps up sale of deepwater drillship to TotalEnergies JV

Offshore drilling contractor Vantage Drilling International has completed the sale of a vessel from its fleet to TEVA Ship Charter, its joint venture (JV) with France''s energy giant

Vantage to explore drilling opportunities with Dorado drillship

Offshore drilling contractor Vantage Drilling has entered into a marketing agreement with Eldorado Drilling for the seventh-generation ultra-deepwater drillship Dorado.

TotalEnergies and Vantage Drilling launch rig joint

The remaining 25% would be retained by the offshore drilling contractor, which would stay on as rig operator for ten years. The duo created

Vantage Drilling Embraces Managed Services After Rig Sale

Vantage Drilling International Ltd. ("Vantage Drilling") has finalized the sale of two premium jackup rigs to ADES Holding Company ("ADES"), the latest step in its strategic efforts

Vantage Drilling completes sale of Tungsten Explorer drillship

Vantage Drilling International Ltd. has announced the completion of the sale of the Tungsten Explorer drillship to TEVA Ship Charter LLC, the joint venture entity owned 25% by

Offshore drilling contractor Vantage Drilling to explore

(Bloomberg) – Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with the matter.

Vantage Drilling Names New COO

Also, Vantage Drilling entered the separate purchase and sale agreements in September 2024 to sell the Topaz Driller jack-up rig and all of the issued and outstanding

More time secured to iron out Vantage drillship''s new

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has struck a deal to postpone the expiration date of a

Vantage, TotalEnergies Launch JV Set to Acquire Tungsten

Offshore drilling contractor Vantage Drilling and French energy major TotalEnergies have created a joint venture (JV) entity TEVA Ship Charter, which will acquire Vantage''s

Jack-up pair passes into ADES'' possession but remains part of Vantage

Vantage Holdings International, a subsidiary of Vantage Drilling International, has embarked on a process to divest two jack-up rigs, which will get ADES Holding Company, part

‏Vantage Drilling $VTGDF, an offshore drilling contractor, is

‏Vantage Drilling $VTGDF, an offshore drilling contractor, is working with an adviser to explore a sale: https://t /mZTXdg7My5 ‏

Offshore Drilling | Drilling Company Dubai, UAE

Vantage Drilling International is an offshore drilling contractor that operates and manages a fleet of modern, high specification drilling rigs on a worldwide basis.

TotalEnergies, Vantage Drilling form drillship-owning entity

Offshore drilling contractor Vantage Drilling has created a joint venture entity with French energy major TotalEnergies, which will own the Tungsten Explorer drillship.

Vantage, TotalEnergies Launch JV Set to Acquire

Offshore drilling contractor Vantage Drilling and French energy major TotalEnergies have created a joint venture (JV) entity TEVA Ship

Offshore Rig Contractor Vantage Drilling Weighs Sale

Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with the matter. The offshore

VANTAGE DRILLING | LinkedIn

Vantage is an international offshore drilling contractor, formed in 2007, which markets, operates and manages modern, high specification drilling rigs. We provide contract drilling services to

Rachel Butt on LinkedIn: Offshore Rig Contractor Vantage Drilling

Vantage Drilling $VTGDF, an offshore drilling contractor, is working with an adviser to explore a sale: https://t /mZTXdg7My5

Vantage Drilling Concludes Sale of Two Jack-Ups to

Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in

PR_TotalEnergies and Vantage enter into a 75-25 joint venture

About Vantage Drilling Vantage Drilling International is an offshore drilling contractor, with a fleet of two ultra-deepwater drillships, and two premium jackup drilling rigs. Vantage''s primary

TotalEnergies, Vantage Drilling form drillship-owning

Joint Venture Formed between Vantage Drilling and TotalEnergies Offshore drilling contractor Vantage Drilling has announced the creation of a

Offshore rig contractor vantage drilling weighs sale

4 FAQs about [Offshore rig contractor vantage drilling weighs sale]

Who is vantage drilling?

Vantage Drilling International is an offshore drilling contractor that operates and manages a fleet of modern, high specification drilling rigs on a worldwide basis. Since our inception in 2007 we have forged a very experienced and dynamic team of personnel from across the globe to support our worldwide drilling operations.

What happened to vantage oil rigs?

Vantage has a fleet of two ultra-deepwater drillships and two jackup drilling rigs that are contracted for most of the year. As oil prices recovered last year, the company sold three jackup rigs to ADES Arabia Holding to get financial breathing room. Vantage cut more than $1.5 billion of debt through a bankruptcy in 2016.

Is vantage drilling recertifying its ultra-deepwater drillship?

Per Vantage Drilling’s fleet status report, the rig is scheduled to move to a shipyard for recertification and upgrade following the sale. Another ultra-deepwater drillship from Vantage Drilling’s fleet, Platinum Explorer, got its conditional letter of award (CLOA) with an undisclosed client extended by 30 days last month.

How long will vantage drilling manage the tungsten explorer?

As previously disclosed, Vantage will continue to manage the Tungsten Explorer for 10 years with the option to extend for an additional five years. Per Vantage Drilling’s fleet status report, the rig is scheduled to move to a shipyard for recertification and upgrade following the sale.

Related Contents

Power Your Operations With Reliable Mining Equipment?

We are a leading manufacturer of drilling rigs and air compressors for mining and construction industries.