Vantris Energy has secured RM830 million in offshore transportation, installation and tender-assisted drilling work, increasing its orderbook to more than RM6 billion.
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.
