Friday, July 13, 2018

Brazil Charges Former Vantage Drilling CEO with Corruption

BRASILIA, July 12 (Reuters) – Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling with corruption and money laundering, accusing him of...

July 13, 2018
Total Views: 15

Wednesday, September 2, 2015

Vantage Drilling Bonds Plunge as Petrobras Cancels Deal Amid Bribe Probe

  By Sridhar Natarajan (Bloomberg) — Bonds of Vantage Drilling Co. dropped as Petroleo Brasileiro SA terminated a $1.7 billion drill deal amid a bribery investigation. The deepwater-rig owner’s $1.1...

September 2, 2015
Total Views: 29


Petrobras Cancels Vantage Drillship Contract Citing Breaches

  Houston-based Vantage Drilling says it has been notified by Petrobras terminating it’s contract for the Titanium Explorer drillship. The 8-year contract for the drillship has been in place since...

September 2, 2015
Total Views: 12

Wednesday, August 19, 2015

Vantage Drilling Drillship Cancelled at DSME

  Daewoo Shipbuilding & Marine Engineering Co., the world’s number two shipbuilder, says it has cancelled a 703.4 billion won ($595 million) drillship order from a U.S. customer after the...

August 19, 2015
Total Views: 39

Tuesday, November 20, 2012
BT-UDS dynamic-positioned Ultra Deep Water (UDW) drillship

Vantage Drilling Invests in Drillship Joint Venture [UPDATE]

Vantage Drilling (NYSE: VTG) said Tuesday that the company has invested $31 million in a new joint venture established for the purpose of constructing a new, high specification drillship at...

November 20, 2012
Total Views: 17

Monday, July 30, 2012
Titanium Explorer Dragonquest Vantage drilling dsme shipyard

Mired in Debt, Vantage Drilling Reports Another Tough Quarter

In their recent SEC filing, Vantage Drilling Company (NYSE: VTG) reports carrying over $2 billion in long term debt, nearly double last year’s figure due to the increase in their physical assets...

July 30, 2012
Total Views: 10

Friday, June 22, 2012
sapphire driller vantage drilling

Aging Jack-Up Rig Fleet in Need of 200 Newbuilds

At the 25th annual Marine Money conference in New York this week, Andreas Stubsrud, Head of Research at Pareto Securities, predicted a need for 200 new jack up rigs as...

June 22, 2012
Total Views: 10