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

Reuters

Feb 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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":"BK4590","symbol_name":"PTP","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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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      \n\n\nDisclaimer: 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. 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