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The 4-Minute Rule for Shelf drilling fleet status report

POR 7347 231 '249' 31' ABS Non US Gulf of Mexico $175,000,000 5497 228 '144' 18 '2017 ABS Non US China$ 77,500,000 2675 361' Non US West Africa$ 6,000,000.  More Details  Drilling International revealed today that its directly held subsidiary, Vantage Holdings International, has actually consented to sell completely owned subsidiary Emerald Driller Co. for $170 million in cash, based on certain changes, to ADES Arabia Holding. The sale is anticipated to close in 2022's second quarter. Emerald owns the jackup rig Emerald Driller, operating in Qatar, and will own, prior to the sale's closing, the jackup rigs Sapphire Driller and Aquamarine Driller, which are both anticipated to start running in Qatar in.

Martech Energy - 300ft Marathon LeTourneau Jackup Rig for Sale

2022. Vantage also announced that it entered into an arrangement with ADES to" pursue a global strategic alliance leveraging the new assistance services agreement and their existing joint endeavor in Egypt." Under the agreement, the business accepted interact "on checking out future business and functional opportunities." Regarding the sale, Vantage CEO Ihab Toma said, "The brand-new deal will strengthen our balance sheet and will provide Vantage with crucial monetary versatility." Vantage offers offshore drilling rigs, teams and services.

Borr Drilling expansion continues with $745m deal to buy five - An Overview

to assist oil and gas companies in drilling wells.