Tuesday, March 17, 2026
Totalenergies, Vantage Drilling create new joint venture- oil and gas 360

Totalenergies, Vantage Drilling create new joint venture

(World Oil) – Vantage Drilling announced the creation of TEVA Ship Charter LLC (TEVA), a new JV entity with TotalEnergies, in line with the MOU terms described in previous announcements. Subsequent to the completion of the current Tungsten Explorer contract in Congo, TEVA will acquire the Tungsten Explorer from Vantage subject to customary sale and purchase conditions precedent. TotalEnergies, Vantage