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Vietnam Overview

Vietnam

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Petronas to exit Vietnam blocks
NEWS
Vietnam - July 27, 2017

Malaysia’s Petronas will return offshore blocks 01 and 02 to Vietnam once its PSC expires in September, the company said on…

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Exxon reaffirms Blue Whale commitment
NEWS
Vietnam - January 13, 2017

ExxonMobil’s Vietnamese unit on Friday entered into an arrangement with PetroVietnam, underscoring its commitment to the…

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New Gulf of Tonkin conflict brewing
NEWS
Vietnam - April 08, 2016

Vietnam demanded China move an exploration rig late on Thursday amid ongoing delineation works in the much-contested waters of the South China Sea.

“Vietnam…

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Soco stocks fall amid output plunge
NEWS
Vietnam - November 18, 2015

London-headquartered international oil company Soco’s stocks plunged 17 percent on Wednesday after the announcement that its production wells in Vietnam are…

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Murphy enters Cuu Long Basin
NEWS
Vietnam - October 29, 2015

Murphy Oil has farmed into the shallow-water Cuu Long Basin offshore Vietnam, according to the US company’s third-quarter statement. The company also stated that a…

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Repsol holds Vietnam licence
NEWS
Vietnam - August 28, 2015

Spanish multinational operator Repsol has received approval to retain an exploration area within the offshore Block 07/03 production-sharing contract in…

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Japanese firms sign contracts in Vietnam
NEWS
Vietnam - August 14, 2015

A joint venture between Japanese companies Idemitsu Kosan and the Sumitomo Corporation has signed production-sharing contracts for offshore blocks 39 and 40/2 in…

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PetroVietnam acquires Chevron’s assets
NEWS
Vietnam - June 19, 2015

The state-run oil and gas company PetroVietnam acquired all upstream assets belonging to US exploration and production operator Chevron for an undisclosed price, the…

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