Vietnam
News
August 20, 2025
Kabal, a logistics software provider for the energy industry, has won a contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a significant step in Kabal’s strategic expansion in Southeast Asia.
News
July 03, 2025
Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the country.
News
January 08, 2025
Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam.
News
April 29, 2024
The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing sandstone with up to 46 m of potential oil column. Initial assessments indicate good reservoir characteristics.
News
April 01, 2024
Production capacity is estimated to be 490 MMcfd, with production scheduled to begin by the end of 2026. In addition to the development of the upstream gas field, the Block B Project will also include a midstream development for gas transportation.
News
December 08, 2023
The contract involves deploying the Shelf Drilling Perseverance jack-up rig to Southeast Asia, specifically Vietnam.
News
Petronas, PetroVietnam to collaborate on upstream, renewable energy, and decarbonization initiatives
November 15, 2023
(WO) — Petronas has signed an agreement with Vietnam Oil and Gas Group (PetroVietnam) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
News
October 31, 2023
The consortium will provide EPCI and HUC services for a central production platform, living quarters platform, flare tower, and bridges for the Block B natural gas development project offshore Vietnam.
News
August 10, 2023
Harbour Energy has entered into Sale and Purchase Agreements to sell its business in Vietnam, which includes its 53.125% interest in the Chim Sao and Dua producing offshore fields, to Big Energy Joint Stock Company for a consideration of $84 million.
News
September 23, 2019
An Exxon Mobil oil and gas project off the coast of Vietnam is becoming a test of Beijing’s growing power in the South China Sea.
News
September 13, 2019
The foreign ministry in Hanoi on Thursday called on China to immediately order a state-owned survey vessel along with several Coast Guard escorts to leave Vietnamese-claimed waters in its exclusive economic zone, which stretches 200 nautical miles from its coast.
News
July 24, 2019
Eni's Vietnam exploration well, located in offshore block 114, Song Hong Basin, has proven the presence of significant gas and condensate accumulation in the Ken Bau prospect.
News
March 21, 2019
Vietnam’s latest plans for $7.8 billion in gas-fired power projects may see the nation become one of the world’s newest LNG importers and cut its coal use.
News
July 06, 2018
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.
News
May 15, 2018
Rosneft Vietnam B.V. has started drillling of LD-3P (Lan Do field) production well as part of Block 06.1 development.
Article
May 2018
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.”
News
April 03, 2018
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.
News
March 13, 2018
PTSC Mechanical & Construction Ltd. has commissioned MAN Diesel & Turbo to supply a total of two compressor trains for the Sao Vang and Dai Nguyet gas fields’ development project in Vietnam.
Article
February 2018
With E&P on the mend, major breakthroughs are underway
News
October 30, 2017
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.
