News for Vantage Drilling International (VTDRF)

Dubai, May 08, 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 / 4:00 PM Oslo Time / 6:00 PM Dubai Time on May 15, 2025 to discuss operating results for the first quarter of 2025. Vantage will release earnings before the call on May 15, 2025. Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com.

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.

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.

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On December 31, 2024, Barclays PLC made a strategic move by acquiring 828,089 shares of Vantage Drilling International Ltd (VTDRF) at a price of $25.5 per share

Thomson has been with Vantage since 2008 and has served in a number of capacities.

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.

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Appointment of General Counsel, Chief Compliance Officer and Corporate Secretary

Vantage Drilling International Ltd. Reports Third Quarter 2024 Results...

The sale includes the Topaz Driller jackup rig, operating in the Malaysia-Thailand Joint Development Area, and the Soehanah jackup rig, owned by Rig Financ...

Dubai, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd. (the 'Company') is pleased to announce that it has entered into a purchase agreement for the issuance of $50,000,000 in aggregate principal amount of 9.500% Senior Secured First Lien Notes due 2028 at a 97% issue price. The issuance follows the successful completion of the Vessel Sale announced by the Company in the stock exchange notice on October 31, 2024, from which the Company will use the net proceeds to redeem $184,855,000 aggregate principal amount of the Company's 9.500% Senior Secured First Lien Notes due 2028 at par, plus accrued and unpaid interest.  The redemption is expected to be completed on November 29, 2024 (the 'redemption date”) and the new issuance is expected to occur in early December 2024.

ADES Holding Co. acquired two jack-up rigs from Vantage Drilling International Ltd. (Vantage Drilling) in Southeast Asia. The acquisition came

ADES Holding Co. announced the successful completion of two jackup rigs from Vantage Drilling International Ltd. (Vantage Drilling). In a state

Analyst evaluates Vantage Drilling's sale of rigs, potential cash increase, and uncertain future, reiterating his Hold rating on shares.

PHI Group has filed for a $100m IPO to raise capital for its transportation services in the O&G industry. Read more to see a detailed analysis on ROTR IPO.