Vantage Drilling International has acquired the Hercules 260, a Marathon LeTourneau Class jackup drilling unit, from Hercules Offshore for an undisclosed amount, and has renamed the rig the Vantage 260.
As part of the acquisition, Vantage subsidary Vantage Drilling Africa acquired a multi-year drilling contract with Eni Congo.
Vantage is reactivating the Sapphire Driller, a Baker Marine Pacific Class 375 jackup rig currently warm-stacked offshore of the Republic of Congo, and later this year will substitute it for the Vantage 260.
"We are delighted to have completed this transaction and are happy to welcome the 260 team to Vantage,” said Ihab Toma, CEO, Vantage. “We look forward to continuing the excellent operations for Eni Congo."