Vietnam ///

Oil & Gas in the Capitals

Jeff Moore, Contributing Editor

Big E&P 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 & 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 E&P 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.

Rosneft commences exploratory drilling offshore Vietnam

Rosneft Vietnam B.V., a company of Rosneft Group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore Vietnam.

Rosneft kicks off exploratory drilling offshore Vietnam

Rosneft Vietnam, a Rosneft subsidiary, has started drilling exploration well PLDD-1X at Block 06.1 offshore Vietnam. This is the first time Rosneft has acted as operator of a drilling project in International waters.

Rosneft and Japan Drilling Co. to explore offshore Vietnam

Rosneft Vietnam B.V., a company of Rosneft Group, and Japan Drilling Co., Ltd. (JDC) signed an agreement on provision and operation of the marine drilling rig HAKURYU-5, for the purposes of drilling exploration wells within the framework of Rosneft’s projects in Vietnam.

Mitra Energy commences 3D seismic acquisition offshore Vietnam

Mitra Energy, through its subsidiary operating company Mitra Energy (Vietnam Phu Khanh), commenced 3D seismic survey acquisition operations in the Block 127 PSC area, offshore Vietnam.

Gazprom, PetroVietnam to drill first deepwater well offshore Vietnam

Gazprom and PetroVietnam are to set drill the first deepwater well offshore Vietnam later this year, Moscow-based Gazprom said Wednesday.

Gazprom Neft, Petrovietnam to increase collaboration

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration.

KrisEnergy picks up Vietnam Block 105 from Eni

KrisEnergy has increased its working interest in Block 105 and is taking over operatorship of the production sharing contract.

Honeywell wins contract for third HLJOC platform offshore Vietnam

Honeywell Process Solutions announced Thursday it has been selected to handle critical project management and engineering for a third oil and natural gas platform that will tap energy reserves off the coast of Vietnam.