Vietnam

Asia

Beijing harasses Petronas and Shell off Malaysia

24/04/2020

A four-month long standoff over oil and gas operations in the South China Sea is intensifying between Malaysian, Chinese, and Vietnamese ships, though all three governments have managed to keep it out of the public eye, until very recently.

Oil & Gas

Joint venture pulls out of Vietnam block

29/09/2015

Pan Pacific Petroleum (PPP) and its joint venture (JV) partners have withdrawn from a block in Vietnam after unsuccessful drilling of the Whale prospect. The company said the decision was also influenced by the inability to secure a farm-in partner to share the costs and risk of drilling an additional well in the licence.

Oil & Gas

Wood Group wins Talisman Energy subsea contract

17/08/2015

Wood Group has won a front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do field offshore Vietnam. The work will be carried out by Wood Group Kenny (WGK) who will also complete comprehensive flow assurance studies. WGK’s Kuala Lumpur office will conduct the work on the subsea FEED and will be supported by other offices in Asia Pacific.

Market info

Gazprom Neft strikes deal with PetroVietnam

06/04/2015

Gazprom Neft has signed an agreement which will see the company purchase a 49% stake in PetroVietnam. A deal was signed with the state oil and gas group's chief executive Nguyen Xuan during a visit by Russian Prime Minister Dmitry Medvedev to the Vietnam.