WorldOil Oil and Gas in the Capitals Big EandP projects advance in Vietnam and Indonesia; Chinese intimidation continues SOCO announces PSC for offshore blocks 125 and 126 in Vietnam SOCO has announced that a Production Sharing Agreement (PSC) for Blocks 125 and 126, offshore central Vietnam, between PetroVietnam, SOVICO Holdings and SOCO was formally signed on Oct. 27, 2017, awarding SOCO a 70% operated interest over the two blocks. eDrilling, Petrovietnam University partner to drive digitalization in Vietnam eDrilling, a provider of drilling and well performance solutions, and Petrovietnam University, the special public University with the mission to carry out high-quality research and training for the development of human resources of Vietnam National Oil and Gas Group (Petrovietnam), has signed a Memorandum of Understanding (MOU) for a long-term engagement to drive the digitalization of drilling operations in Vietnam. Rosneft celebrates 15 years of safe offshore operations in Vietnam Rosneft celebrates 15 years of safe offshore operations in Vietnam Rosneft Vietnam B.V., a Rosneft subsidiary operating Block 06.1 on Vietnam shelf celebrates 15 years of safe offshore operations. Petronas to hand over Blocks 01, 02 in Vietnam's Cuu Long basin Petronas' subsidiary PC Vietnam Limited (PCVL) will hand over Blocks 01 and 02, located at the Cuu Long basin, offshore Vietnam, to the host authority once the Production Sharing Contract (PSC) for the blocks expires on Sept. 9, 2017. Vietnam plans oil reserves equivalent of 90 days of imports by 2020 Vietnam's prime minister has approved a plan for the country's total crude oil and oil product stocks to be at least 90 days' worth of net imports by 2020. Over 6 Bcm of hydrocarbons reportedly produced from Vietnam's Moc Tinh and Hai Thach fields since 2003 A working meeting between Alexey Miller, chairman of the Gazprom management committee, and Nguyen Vu Truong Son, CEO and member of the board of directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow on April 19th. PetroVietnam Oil to offer 'most attractive' IPO of 2017 PetroVietnam Oil Corp., Vietnam’s sole crude exporter, said it’s in talks to sell as much as 40% to strategic investors and expects to narrow down to a list of about five potential bidders for the government this month. SOCO reports approval of Te Giac Trang field development plan in Vietnam SOCO, an international oil and gas EandP company, announces that the Hoang Long Joint Operating Company has received from the Government of the Socialist Republic of Vietnam the formal approval of the updated Full Field Development Plan (FFDP) for the Te Giac Trang (TGT) field, offshore southern Vietnam. Aker Solutions wins Vietnam contract from Idemitsu Oil and Gas Aker Solutions has secured a contract from Idemitsu Oil and Gas Co., Ltd. to provide engineering services for the development of oil and gas resources in the Nam Con Son basin, offshore Vietnam.