Vantage Drilling completes sale of Tungsten Explorer to joint venture with TotalEnergies
Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.
| Countries | Émirats Arabes Unis, France, Norvège |
|---|---|
| Companies | TotalEnergies |
| Sector | Pétrole, Gaz, Exploration production, Exploration production |
| Theme | Investissements & Transactions, Transfert d'Actifs Énergétiques |
Vantage Drilling International Ltd. announced it has completed the sale of the Tungsten Explorer drilling vessel to TEVA Ship Charter LLC, a joint venture owned 25% by Vantage Drilling and 75% by TotalEnergies. The transaction, whose value was not disclosed, takes place within the context of asset transfers in the offshore sector.
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