Vantage Drilling International Ltd. Announces ONGC Notification of Award for Platinum Explorer

Group 1 - Vantage Drilling International Ltd. has received a binding Notification of Award (NOA) from ONGC for the drillship Platinum Explorer, with a total contract value of $261 million USD for a 3-year firm plus 1-year optional campaign in India [1] - The contract is set to commence no later than 180 days after the issuance of the NOA, in accordance with the tender requirements [1] - Vantage Drilling is an offshore drilling contractor that primarily contracts drilling units and related services on a dayrate basis for oil and gas wells globally [3]