Vantage Drilling Wins $261M ONGC Contract for Platinum Explorer Drillship

Reuters

02/10

<a href="https://laohu8.com/S/VTGDF">Vantage Drilling</a> Wins $261M ONGC Contract for Platinum Explorer Drillship

Vantage Drilling International Ltd. has announced that it has received a binding Notification of Award $(NOA)$ from ONGC for the drillship Platinum Explorer. The award follows ONGC’s tender for a deepwater drillship, and covers a three-year firm contract with an additional one-year optional period in India. The estimated total contract value is $261 million USD, exclusive of Managed Pressure Drilling (MPD) services. The contract is scheduled to commence no later than 180 days after the issuance of the NOA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vantage Drilling International published the original content used to generate this news brief via GlobeNewswire (Ref. ID: OMX_____GNW9651795-en) on February 10, 2026, and is solely responsible for the information contained therein.

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The award follows ONGC’s tender for a deepwater drillship, and covers a three-year firm contract with an additional one-year optional period in India. The estimated total contract value is $261 million USD, exclusive of Managed Pressure Drilling (MPD) services. The contract is scheduled to commence no later than 180 days after the issuance of the NOA.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vantage Drilling International published the original content used to generate this news brief via GlobeNewswire (Ref. ID: OMX_____GNW9651795-en) on February 10, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014005.SGD","symbol_name":"United Global Durable Equities Fund Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260210:nNDL49WTlr:1","article_id":"2610611650","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610611650","pubTimestamp":1770708956,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Vantage Drilling International Ltd. has announced that it has received a binding Notification of Award  from ONGC for the drillship Platinum Explorer. 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