Tag: offshore

MONACO, July 14, 2026 (GLOBE NEWSWIRE) -- After four intense days of action, the curtain falls on the 13th edition of the Monaco Energy Boat Challenge. Organized by the Yacht Club de Monaco, the event brought together 54 teams from 21 countries, ranging from France, Italy and Switzerland to countries as far away as India, Puerto Rico and China, alongside researchers, shipyards, companies and universities. 

Dubai, June 26, 2026 (GLOBE NEWSWIRE) -- Eldorado Drilling Limited (“Eldorado”) and Vantage Drilling International Ltd. (“Vantage”) today announced the completion of Eldorado’s acquisition of Vantage by merger, pursuant to which an indirect subsidiary of Eldorado merged with and into Vantage, with Vantage surviving as an indirect subsidiary of Eldorado as of 3.00 p.m. Bermuda time on June 26, 2026 (the “Closing”).

MONACO, June 26, 2026 (GLOBE NEWSWIRE) -- Monaco is set to become a global laboratory for the future of sustainable maritime mobility once again. The 13th Monaco Energy Boat Challenge is fast approaching and will bring together students, researchers, engineers, shipyards and technology companies from around the world next month to showcase the latest advances in clean propulsion systems. With 52 teams from 21 nationalities, representing 33 competing universities, while 14 additional universities will attend as observers, the event has become one of the leading international platforms for innovation in the maritime sector.

Generated Record Operating Cash Flow of $54.1 Million; Maintained Profitability 

Dubai, June 26, 2026 (GLOBE NEWSWIRE) -- Reference is made to the stock exchange announcement released 23 June 2026 by Vantage Drilling International Ltd. (the "Company"), regarding the intention to repurchase own shares prior to completion of a merger pursuant to which a wholly owned subsidiary of Eldorado Drilling AS is to merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Eldorado Drilling AS (the "Merger").

Dubai, June 26, 2026 (GLOBE NEWSWIRE) -- Reference is made to the announcement by Vantage Drilling International Ltd. (the “Company”) on 29 May 2026 regarding the proposed merger pursuant to which a wholly owned subsidiary of Eldorado Drilling AS is to merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Eldorado Drilling AS (the "Merger"). The Company is pleased to announce that all conditions to completion of the Merger are expected to be satisfied as of 1:00 PM ET on 26 June 2026, subject to continued satisfaction of customary closing conditions through to that time.

Dubai, June 23, 2026 (GLOBE NEWSWIRE) -- Reference is made to the stock exchange announcement released 18 June 2026 by Vantage Drilling International Ltd. (the "Company"), regarding a Special General Meeting in the Company approving a merger pursuant to which a wholly owned subsidiary of Eldorado Drilling AS is to merge with and into the Company, with the Company surviving as a wholly owned subsidiary of Eldorado Drilling AS (the "Merger").