Vantage Fleet Status Update – Awards and extensions

  • By Rig Lynx
  • Nov 17, 2020
  • Category : Archives
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Vantage Drilling published their fleet status update and below are the highlights:

Pearl Driller

  • 45-day campaign offshore Indonesia for Petronas

Platinum Explorer

  • Current contract extension into Q2 2021 for ONGC in India

Vantage fleet status update

From their recent 3rd quarter results, Ihab Toma, CEO had these additional comments:

“I continue to be very proud of the Company’s performance during these challenging times. While the COVID-19 pandemic and the related global economic crisis continue to weigh on activity in the industry, I am pleased that we have been successful in adding backlog, namely on the Emerald Driller and the Soehanah. Our focus remains on operating safely and efficiently, delivering excellence for our esteemed clients, managing costs and conserving cash.”

Vantage 3rd Quarter Results