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Vantage Drilling International Ltd. – Announcement of appointment of Chief Commercial Officer

On May 1, 2025Source: Vantage Drilling International

Dubai, May 01, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company”) announces that Alisdair Semple has been appointed Chief Commercial Officer reporting directly to Ihab Toma, Chief Executive Officer, and will continue to be based in Vantage’s Dubai office. Mr. Semple has been with Vantage since 2008 serving in various technRead more

Dubai, May 01, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company”) announces that Alisdair Semple has been appointed Chief Commercial Officer reporting directly to Ihab Toma, Chief Executive Officer, and will continue to be based in Vantage’s Dubai office. Mr. Semple has been with Vantage since 2008 serving in various technical, operational and marketing roles.

Vantage Drilling International Ltd. – Announcement of Conditional Letter of Award

On April 23, 2025Source: Vantage Drilling International

Dubai, April 23, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company”) announces it has received a conditional letter of award (”CLOA”) for the Platinum Explorer with a 90 day validity period. The contract value is circa $80M with an anticipated 260 days required to render the campaign, inclusive of mobilization time, paid-foRead more

Dubai, April 23, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company”) announces it has received a conditional letter of award (”CLOA”) for the Platinum Explorer with a 90 day validity period. The contract value is circa $80M with an anticipated 260 days required to render the campaign, inclusive of mobilization time, paid-for contract preparation time and demobilization time. A material portion of the contract value, covering mobilisation and paid-for contract preparation, is reimbursed based on the cost incurred and a limited margin amount.

Vantage Drilling International Ltd. – Appointment of Director

On March 23, 2025Source: Vantage Drilling International

Dubai, March 23, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") announces the appointment of David Warwick to its board of directors. Mr. Warwick has over 15 years’ experience in investment advisory, capital markets, corporate finance, commercial, strategy, and leadership. In addition, Mr. Warwick has longstanding expeRead more

Dubai, March 23, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") announces the appointment of David Warwick to its board of directors. Mr. Warwick has over 15 years’ experience in investment advisory, capital markets, corporate finance, commercial, strategy, and leadership. In addition, Mr. Warwick has longstanding experience in the oil and gas and shipping sectors including a decade working with the drilling contractor Seadrill in a variety of senior commercial and finance related roles. Mr. Warwick is currently the founder and principal of Artemis Investments LLC, a Dubai based entity involved in strategic investment opportunities and capital market transactions.

Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results

On March 20, 2025Source: Vantage Drilling International

Dubai, March 20, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. ("Vantage" or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shRead more

Dubai, March 20, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. ("Vantage" or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shareholders of approximately $14.6 million or $1.10 per diluted share for three months ended December 31, 2023. 

Vantage Drilling International Ltd. Schedules Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call

On March 13, 2025Source: Vantage Drilling International

Dubai, March 13, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time / 3:00 PM Oslo Time / 6:00 PM Dubai Time on March 20, 2025 to discuss operating results for the fourth quarter and Full Year of 2024. Vantage will release earnings beRead more

Dubai, March 13, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time / 3:00 PM Oslo Time / 6:00 PM Dubai Time on March 20, 2025 to discuss operating results for the fourth quarter and Full Year of 2024. Vantage will release earnings before the call on March 20, 2025. Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com

Announcement of Dorado Marketing Agreement

On February 12, 2025Source: Vantage Drilling International

Dubai, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Dubai, 12 February 2025: Vantage Drilling International Ltd. (the "Company”) announces it has entered into a marketing agreement with Eldorado Drilling AS to market the 7th Generation Dorado Drillship for drilling opportunities in various locations in Africa, the Mediterranean, Asia and Australasia.Read more

Dubai, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Dubai, 12 February 2025: Vantage Drilling International Ltd. (the "Company”) announces it has entered into a marketing agreement with Eldorado Drilling AS to market the 7th Generation Dorado Drillship for drilling opportunities in various locations in Africa, the Mediterranean, Asia and Australasia.

Vantage Drilling International Ltd. – New incentive awards

On February 10, 2025Source: Vantage Drilling International

Dubai, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") has awarded certain management employees and PDMRs of the Company with restricted stock units, pursuant to the Company's Management Incentive Plan, and as elaborated on below and in the enclosed forms:Read more

Dubai, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") has awarded certain management employees and PDMRs of the Company with restricted stock units, pursuant to the Company's Management Incentive Plan, and as elaborated on below and in the enclosed forms:

Vantage Drilling International Ltd. – Settlement of management incentive awards

On February 3, 2025Source: Vantage Drilling International

Dubai, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") has today approved the settlement of certain restricted stock units ("RSUs") pursuant to the Company's Management Incentive Plan, including RSUs held by certain persons discharging managerial responsible/primary insiders ("PDMRs") as further set out in theRead more

Dubai, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the "Company") has today approved the settlement of certain restricted stock units ("RSUs") pursuant to the Company's Management Incentive Plan, including RSUs held by certain persons discharging managerial responsible/primary insiders ("PDMRs") as further set out in the attached forms of notification.  

Vantage Drilling International Ltd. Announces Creation of Totalenergies and Vantage Joint Venture Entity

On January 2, 2025Source: Vantage Drilling International

Dubai, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the “Company”) announces the creation of the JV entity with TotalEnergies, TEVA Ship Charter LLC (“TEVA”) in line with the MOU terms described in previous announcements. Subsequent to the completion of the current Tungsten Explorer contract in Congo, TEVA will acquire theRead more

Dubai, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the “Company”) announces the creation of the JV entity with TotalEnergies, TEVA Ship Charter LLC (“TEVA”) in line with the MOU terms described in previous announcements. Subsequent to the completion of the current Tungsten Explorer contract in Congo, TEVA will acquire the Tungsten Explorer from Vantage subject to customary sale and purchase conditions precedent. TotalEnergies, Vantage and TEVA have executed all definitive agreements in support of the rig acquisition and joint venture management including a sale and purchase agreement by which TEVA will acquire the rig and a management agreement pursuant to which Vantage will operate the Tungsten Explorer for a ten year term with the option to extend for an additional five years.

VANTAGE DRILLING ANNOUNCES APPOINTMENT OF CHIEF OPERATING OFFICER

On December 31, 2024Source: Vantage Drilling International

Dubai, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the “Company”) announces that William L. Thomson will assume the additional role of Chief Operating Officer with effect from 1 January, 2025, reporting directly to Ihab Toma, Chief Executive Officer, and will continue to be based in Vantage’s Dubai office. Mr. Thomson, whRead more

Dubai, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the “Company”) announces that William L. Thomson will assume the additional role of Chief Operating Officer with effect from 1 January, 2025, reporting directly to Ihab Toma, Chief Executive Officer, and will continue to be based in Vantage’s Dubai office. Mr. Thomson, who is currently our Chief Commercial and Chief Technology Officer has been with Vantage since 2008 serving in a number of capacities in Engineering/Projects, Technical Support, Marketing and Managed Services.