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Vietnam Overview

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Murphy Oil announces discovery offshore Côte d’Ivoire
NEWS
Côte d’Ivoire - June 23, 2026

Murphy Oil has announced that its Bubale-1X exploration well offshore Côte d’Ivoire has encountered 30 metres of net oil pay.

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ENEOS buys Chevron downstream assets for $2.2 billion
NEWS
Multinational - May 14, 2026

ENEOS has acquired from Chevron a package of downstream assets in Southeast Asia and Australia for USD 2.2 billion.

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Cameroon awards offshore blocks to Murphy, Octavia
NEWS
Cameroon - April 27, 2026

Cameroon has announced the award of four offshore blocks to Murphy West Africa and one to Octavia Energy in its 2025 licensing…

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Japan asks wholesalers to shift from Dubai to Brent pricing to curb fuel costs
NEWS
Japan - March 27, 2026

Japan has urged wholesalers to switch to Brent from Dubai pricing to curb fuel costs amid supply disruptions.

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SK Innovation to develop $2.3-billion LNG power plant in Vietnam
NEWS
Vietnam - February 19, 2026

South Korea’s SK Innovation will develop a USD 2.3-billion, 1.5-GW LNG-to-power project in Vietnam.

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Oman’s LPG pioneer eyes LNG growth - National Gas Company - Rachid MAJJAD - Oman
Interview
Oman - January 15, 2026

Rachid Majjad of National Gas Company talks about investing in LNG for Oman and growing the company's LPG business in the GCC.

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Murphy Oil confirms large-scale discovery off Vietnam
NEWS
Vietnam - January 08, 2026

Murphy Oil has raised its recoverable resources estimate for a new discovery offshore Vietnam to over 430 million boe.

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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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SapuraKencana annuls USD 400 mln purchase
NEWS
Malaysia - January 25, 2016

SapuraKencana Petroleum cancelled plans to buy hydrocarbons assets in Vietnam worth USD 400 million from Malaysian national oil company Petronas, the Malaysian oil…

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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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