Vantage Drilling has appointed Egyptian national Ihab Toma as its next ceo, starting August 29. Toma’s 30-year background in oil and gas includes stints with private equity, Transocean and Schlumberger.
Toma commented, “I am honoured to join Vantage as CEO and, while these are challenging times in our industry, I believe Vantage is an excellent platform from which to build a strong future. We have outstanding drilling assets and a management team that has demonstrated success in the most challenging operating conditions.”
Vantage has three ultra-deepwater drillships as well as four jackup drilling rigs.