
Vantris Energy takes Petronas T&I scopes in Malaysia
Vantris Energy has secured T&I work from Petronas Carigali on Malaysia’s Sepat and Belud South projects and sold its 40% stake in L&T-Sapura Shipping to Larsen & Toubro for $30.5 million.

Vantris Energy has secured T&I work from Petronas Carigali on Malaysia’s Sepat and Belud South projects and sold its 40% stake in L&T-Sapura Shipping to Larsen & Toubro for $30.5 million.

Vantris Energy has sold its 40% stake in L&T-Sapura Shipping to Larsen & Toubro for about $30.5 million, exiting the LTS3000 JV and redirecting capital to core, wholly owned assets.

Vantris Energy’s joint venture Rawabi Sapura has landed a seven-year diving support services contract with Aramco, marking the company’s strategic expansion into the Saudi offshore market.
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