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Vantage Drilling International Ltd. Continues Global Strategic Alliance with ADES Through Sale of Two Jack-up Rigs with Agreement to enter into Three-Year Management Agreement to Manage the Rigs

On September 9, 2024Source: Vantage Drilling International

DUBAI, United Arab Emirates, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (“Vantage”), announces today that its directly-held subsidiary, Vantage Holdings International (“VHI”), entered into that certain Share Purchase Agreement (the “SPA”) with ADES International Holding Ltd., a leading offshore and onshore provider of oiRead more

DUBAI, United Arab Emirates, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (“Vantage”), announces today that its directly-held subsidiary, Vantage Holdings International (“VHI”), entered into that certain Share Purchase Agreement (the “SPA”) with ADES International Holding Ltd., a leading offshore and onshore provider of oil and gas drilling and production services in the Middle East and North Africa (“ADES”), pursuant to which VHI has agreed to sell to ADES all of the issued and outstanding equity of VHI’s wholly-owned subsidiary, Rig Finance Ltd. (“RFL”), the owner of the Soehanah jack-up rig,. The Company also announced today that its indirectly-held subsidiary, P2021 Rig Co. entered into that certain Asset Purchase Agreement (the “APA” together with the “SPA”, the “Purchase Agreements”), with ADES, pursuant to which P2021 Rig Co., has agreed to sell to ADES the Topaz Driller. The aggregate purchase price for RFL and the Topaz Driller is $190 million in cash, subject to certain adjustments.  

Vantage Drilling International Ltd. Reports Second Quarter 2024 Results

On August 13, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Reports Second Quarter 2024 ResultsRead more

Vantage Drilling International Ltd. Reports Second Quarter 2024 Results

Vantage Drilling International Ltd. Schedules Second Quarter 2024 Earnings Release Date and Conference Call

On July 31, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Schedules Second Quarter 2024 Earnings Release Date and Conference CallRead more

Vantage Drilling International Ltd. Schedules Second Quarter 2024 Earnings Release Date and Conference Call

Vantage Drilling International Ltd. Reports First Quarter 2024 Results

On May 9, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Reports First Quarter 2024 ResultsRead more

Vantage Drilling International Ltd. Reports First Quarter 2024 Results

Vantage Drilling International Ltd. Schedules First Quarter 2024 Earnings Release Date and Conference Call

On April 26, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Schedules First Quarter 2024 Earnings Release Date and Conference CallRead more

Vantage Drilling International Ltd. Schedules First Quarter 2024 Earnings Release Date and Conference Call

Vantage Drilling International Ltd. Reports Fourth Quarter and Full-Year 2023 Results

On March 27, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Reports Fourth Quarter and Full-Year 2023 ResultsRead more

Vantage Drilling International Ltd. Reports Fourth Quarter and Full-Year 2023 Results

Vantage Drilling International Ltd. Schedules Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

On March 13, 2024Source: Vantage Drilling International

Vantage Drilling International Ltd. Schedules Fourth Quarter and Full Year 2023 Earnings Release Date and Conference CallRead more

Vantage Drilling International Ltd. Schedules Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

TotalEnergies and Vantage enter into a 75/25 joint venture owning the Tungsten Explorer drillship

On February 6, 2024Source: Vantage Drilling International

TotalEnergies and Vantage enter into a 75/25 joint venture owning the Tungsten Explorer drillshipRead more

TotalEnergies and Vantage enter into a 75/25 joint venture owning the Tungsten Explorer drillship

Vantage Drilling International Reports Third Quarter Results for 2023

On November 9, 2023Source: Vantage Drilling International

Vantage Drilling International Reports Third Quarter Results for 2023Read more

Vantage Drilling International Reports Third Quarter Results for 2023

Vantage Drilling International Schedules Third Quarter 2023 Earnings Release Date and Conference Call

On October 27, 2023Source: Vantage Drilling International

Vantage Drilling International Schedules Third Quarter 2023 Earnings Release Date and Conference CallRead more

Vantage Drilling International Schedules Third Quarter 2023 Earnings Release Date and Conference Call