Vantage Drilling International Ltd. - Announcement of Contract Termination
Vantage Drilling International Ltd. - Announcement of Contract Termination
Dubai, Oct. 19, 2025 (GLOBE NEWSWIRE) -- Vantage Drilling International Ltd.
(the "Company") announces the immediate termination of the contract for the
Platinum Explorer for its approximately 260-day campaign. The termination is due
to changes in economic sanctions applicable to the campaign, rendering the
contract execution unlawful and therefore subject to termination.
This information has been submitted pursuant to Section 5-12 of the Norwegian
Securities Trading Act and MAR Article 17. The information was submitted for
publication at 2025-10-19 at 7:30 CEST.
About the Company
Vantage Drilling International Ltd., a Bermuda exempted company, is an offshore
drilling contractor. Vantage Drilling's primary business is to contract drilling
units, related equipment and work crews primarily on a dayrate basis to drill
oil and natural gas wells globally for major, national and independent oil and
gas companies. Vantage Drilling also markets, operates and provides management
services in respect of drilling units owned by others. For more information
about the Company, please refer to the Company's
website, www.vantagedrilling.com (http://www.vantagedrilling.com/).