Após pagamento da Petrobras, Vantage Drilling eleva seu lucro trimestral

After Petrobras Payment, Vantage Drilling Increases Quarterly Profit

Written by Paulo Nogueira

Published on 14/08/2019 at 08:24

Updated on 14/08/2019 at 13:48

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The Offshore Drilling Service Provider, Vantage Drilling, Reported Quarterly Profit Based on Termination Revenue from Petrobras.

Vantage Drilling announced on Wednesday a net income attributable to control of approximately US $ 590.7 million in the second quarter of 2019, compared to a net loss of US $ 31.1 million in the second quarter of 2018.

The company reported that the net income results from recent payments from Petrobras Venezuela of approximately US $ 690.8 million to Vantage Deepwater Company, one of Vantage’s subsidiaries (VDEEP) and from Petrobras America, Inc. of approximately US $ 10.1 million to Vantage Deepwater Drilling, Inc., which is also one of Vantage’s subsidiaries (VDDI).

The payments were made according to an agreement between the parties and satisfying the arbitral award previously issued in a ruling in the U.S. that confirmed the award.

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After Petrobras Payment, Vantage Drilling Increases Quarterly Profit

The Offshore Drilling Service Provider, Vantage Drilling, Reported Quarterly Profit Based on Termination Revenue from Petrobras.

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After Petrobras Payment, Vantage Drilling Increases Quarterly Profit

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