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TotalEnergies, Vantage and TEVA have executed all definitive agreements in support of the rig acquisition and joint venture management including a sale and purchase agreement by which TEVA will acquire the rig and a management agreement pursuant to which Vantage will operate the Tungsten Explorer for a ten year term with the option to extend for an additional five years.
Concepto propuesto: Empresa conjunta (en inglés: Joint venture) · evt.corporate.transaction.joint_venture
Definición: Creación, modificación o disolución de una entidad o acuerdo de control conjunto.