Vantage Drilling awarded new two-year contract by ONGC

Houston-based offshore driller Vantage Drilling International has been awarded a new two-year contract by India’s ONGG for 2010-built drillship . The new contract will commence upon expiry of the drillship’s existing contract with ONGC in the second quarter of 2021. Vantage says the contract is worth around $109m, exclusive of service tax. Ihab Toma, the …

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