Monday, September 22, 2025
TotalEnergies buys Vantage Drilling's Tungsten Explorer- oil and gas 360

TotalEnergies buys Vantage Drilling’s Tungsten Explorer

(World Oil)– Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies. As previously announced, Vantage will continue to manage the Tungsten Explorer for a ten-year term with the option to extend for an additional five years. “We are delighted

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