Khaitan & Co advised Vantris Energy Berhad on the divestment of its entire equity stake in L&T-Sapura Shipping (which owns and operates the LTS3000 heavy-lift and pipelay vessel) to its Larsen & Toubro Ltd, its joint-venture partner.
This divestment marks Vantris Energy Berhad’s strategic exit from its investment in L&T-Sapura Shipping. The entity provides critical offshore construction and subsea installation services to the global oil and gas and marine infrastructure sectors.
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Core Team
The core team comprised Gautam Suseel (Partner) and Amulya Sharma (Principal Associate).