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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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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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TEY_post_Hasan-QABAZARD
Interview
Kuwait - July 6, 2015

Hasan Qabazard, CEO of Kuwait Catalyst, talks to TOGY about the effect of environmental regulations on the catalyst market and how worldwide trends are affecting the…

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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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Petrolimex looks to sell large stake
NEWS
Vietnam - May 27, 2015

Vietnamese state oil company Petrolimex is looking to sell between 15-20 percent of its stake to Japan’s petrochemicals refining and marketing company JX Nippon Oil…

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Downturn in drilling for Odfjell
NEWS
Norway - May 22, 2015

Oslo-listed rig contractor Odfjell Drilling might have to rest half of its rig fleet by the end of the year after shutting down one of its drillships.  A lack of new…

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SK signs two PSCs with CNOOC
NEWS
China - February 11, 2015

South Korea’s SK Innovation signed two production-sharing contracts with China National Offshore Oil Corp. (CNOOC), the Chinese company announced Tuesday. Both blocks…

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