WorldOil McDermott signs up Aqualis Offshore Aqualis Offshore has entered into a master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in the Asia Pacific region. Santos completes sale of non-core Asian assets Santos announced in May 2018 the sale of its non-core Asian portfolio to Ophir Energy plc. Santos has advised that completion of the sale of the producing assets has occurred. Gazprom and PetroVietnam hold talks on joint ventures, future growth A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, chairman of the board of directors of Vietnam Oil and Gas Group (PetroVietnam), took place in Moscow. Rosneft starts drilling offshore production wells in Vietnam Rosneft Vietnam B.V. has started drillling of LD-3P (Lan Do field) production well as part of Block 06.1 development. Oil and gas in the capitals On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.” Santos announces sale of non-core Asian assets Santos today announced the sale of its non-core Asian portfolio to Ophir Energy plc (Ophir) for $221 million. Top Vietnam oil company says sea tensions hurt investment Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields. MAN Diesel and Turbo to supply compressor technology for offshore gas production in Vietnam PTSC Mechanical and Construction Ltd. has commissioned MAN Diesel and Turbo to supply a total of two compressor trains for the Sao Vang and Dai Nguyet gas fields’ development project in Vietnam. 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.