TotalEnergies acquires majority stake in JV with Vantage Drilling for $199m
In a significant move within the global energy sector, TotalEnergies and Vantage Drilling International have announced a groundbreaking joint venture (JV) agreement, under which TotalEnergies will acquire a 75% interest in the JV owning the Tungsten Explorer drillship for $199 million, with Vantage retaining the remaining 25%. This strategic partnership marks a pivotal development in […]