-
Posted by
Two Blokes May 17 -
Filed in
Stock
-
2 views
Vantage Drilling reported Q1 2025 results which were reflective of the recent rig sales and persistent idle time for the 6th generation drillship Platinum Explorer. The company remains in the process of transitioning from an offshore driller to a rig management services provider. Backlog has increased significantly following the execution of a long-term management agreement for the drillship Tungsten Explorer, which will be sold to a JV established by the company and TotalEnergies.
