“Today’s announcement marks an important step in building a scaled, resilient offshore drilling platform. By combining Vantage Drilling’s global operating capabilities and long‑term customer relationships with Eldorado’s investment program, we believe we can deliver enhanced solutions for customers, accelerate growth opportunities, and create lasting value,” said Eldorado chairman Bernie Wolford.
Based in Norway and Malta, Eldorado Drilling is an offshore drilling company focused on ultra-deepwater drillship investments and offshore drilling growth. Vantage Drilling is a Dubai-based offshore drilling contractor that operates and manages high-specification rigs worldwide and provides contract drilling, operations, marketing and management services for oil and gas companies and rig owners.