Energy Holdings Moves to Acquire Ventura Offshore
6 Articles
6 Articles
Oslo-listed drilling contractors combine in all-share deal
Oslo-listed SED Energy Holdings and Ventura Offshore signed a letter of intent on 11 September 2026 for an all-share combination that would create a larger offshore drilling and energy services group. Energy Holdings would acquire 100% of Ventura Offshore’s outstanding shares and remain the listed parent, with Ventura Offshore continuing as a dedicated deepwater drilling …
Cyprus-based Energy Holdings to buy Ventura Offshore to form $1 bln group
Cyprus-based oil and gas company Energy Holdings has agreed to buy deepwater drilling contractor Ventura Offshore to create a larger platform for cash generation, shareholder distribution and growth, the Oslo-listed companies said on Friday.
The deepwater drilling company is to merge with Energy Holdings.
Energy Holdings moves to acquire Ventura Offshore
Oslo-listed SED Energy Holdings and Ventura Offshore have signed a letter of intent (LOI) for an all-share combination between the two companies. Energy Holdings will acquire 100% of Ventura Offshore’s outstanding shares, with Ventura Offshore shareholders receiving new ordinary shares in Energy Holdings as consideration. Based on the closing price of Energy Holdings’ shares on …
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