Offshore drilling contractor Vantage Drilling has received a conditional letter of award (CLOA) for the Platinum Explorer ultra-deepwater drillship, valued at approximately $80 million. The CLOA, with ...

The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling, established in 2024 as its drillship fleet operator. Tidal Action, built on Hanwha Ocean’s ...