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Vietnam Overview

in figures

PetroVietnam’s exploration arm announces oil finds
NEWS
Vietnam - May 07, 2024

PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100.5 million barrels.

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Murphy Oil takes FID on Vietnam project
NEWS
Vietnam - November 03, 2023

Murphy Oil has made its FID on the Lac Da Vang hydrocarbons project in Vietnam, the company announced in its third quarter…

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Rystad Energy predicts M&A bonanza in Southeast Asia
NEWS
Norway - March 28, 2023

Rystad Energy has predicted a rise in upstream M&As in Southeast Asia in the next two years based on more than USD 5 million in assets on offer, the energy research…

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JAPEX joins Vietnam LNG project
NEWS
Vietnam - January 12, 2022

Japan Petroleum Exploration has signed a share purchase agreement with Iteco Joint Stock Company for a stake in the Northern Vietnam LNG terminal being constructed in…

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Oil up over huge draw in US crude supplies
NEWS
Multinational - May 05, 2021

Oil was up Wednesday morning in Asia over a record fall in US crude supplies and growing expectations that re-opening drives in the US and Europe will boost fuel…

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Abdul Hakeem MOSTAFAWI
Interview
Qatar - September 22, 2020

Abdul Hakeem Mostafawi, CEO of HSBC Qatar, talks to The Energy Year about how the recent crisis has hastened the development of local supply chains and spurred new…

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Interview
Colombia - March 15, 2017

TOGY talks to Sergio Guzmán, analyst at Control Risks, who identifies significant issues left out of electoral rhetoric in Colombia and describes the effect of the…

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Yinson Holdings in FPSO Vietnam deal
NEWS
Malaysia - January 23, 2017

Yinson Holdings signed a letter of intent with Repsol for the provision of an FPSO for its Ca Rang Do development in Vietnam, the Malaysian vessel provider announced 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 development of the Blue Whale…

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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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Saudi Aramco to raise gas production
NEWS
Saudi Arabia - March 09, 2016

Saudi Aramco aims to increase its gas output over the next 10 years, potentially doubling the produced volumes of the resource, company CEO Amin Nasser said on…

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Rosneft starts exploratory drilling
NEWS
- March 09, 2016

Rosneft Vietnam has commenced its first drilling project as operator, the local subsidiary of Russian oil major Rosneft announced on Wednesday.

Drilling the PLDD-1X…

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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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