Energy Holdings agrees to buy Ventura Offshore
Energy Holdings has agreed to buy deepwater drilling contractor Ventura Offshore to form a larger platform, according to the Oslo-listed companies.
Cyprus-based oil and gas company Energy Holdings OSL:ENH has agreed to buy deepwater drilling contractor Ventura Offshore OSL:VTURA, the Oslo-listed companies said on Friday, in a deal aimed at creating a larger platform for cash generation, shareholder distribution and growth. The agreement was announced by the two companies, with Ventura shareholder…