Malaysia Vietnam Offshore Terminal (MVOT) confirmed that it has been awarded a $176 million contract to provide equipment for Japanese petroleum company Idemitsu Kosan to develop a gas block off southern Vietnam.The Malaysian terminal operator…
Malaysian shipping group MISC Berhad (MISC) has received a time charter contract from Idemitsu Kosan (IKC) for the provision of a floating, storage and offloading (FSO) vessel in Vietnam.The energy-related maritime solutions and services provider…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…
KrisEnergy has spud the East Mayura-1 exploration well in the G10/48 contract area in the Gulf of Thailand, the operator announced on 20 October. The East Mayura-1 well, offshore Thailand, is being drilled by the PV DRILLING I jack-up rig…
Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for use of the PV Drilling jackup rig for KrisEnergy in the Gulf of Thailand. PV Drilling I jackup. Image from PV Drilling…
Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…
Yinson Clover Ltd. (YCL), an indirect wholly-owned subsidiary of Malaysian offshore services provider Yinson Holdings, was awarded a contract from Talisman Vietnam 07/03 BV (TLV) for the supply, operation and maintenance of a floating production…
Pan Pacific Petroleum has agreed to sell its 5% interest in Block 07/03 in the Nam Con Son Basin in the South China Sea, to Spain's Repsol for US$5 million. Block 07/03, operated by Talisman (part of Repsol), includes the Cá Rồng Đỏ (CRD)…
The Hoang Long Joint Operating Co. resumed the 2017 Te Giac Trang (TGT) drilling program, offshore Vietnam, according to partner SOCO International. The Te Giac Trang Field of Block 16-1, is in the shallow water Cuu Long Basin, offshore southern Vietnam…
The 2016 development drilling program offshore southern Vietnam on the Te Giac Trang (TGT) Field of Block 16-1 has commenced, announced SOCO. The infill wells, TGT-27P and TGT-28P, will be batch drilled with the first well spudded on…
Petrovietnam Marine Shipyard (PV Shipyard) is due to deliver the Tam Dao 05 jackup drilling rig to its client today (12 August). Earlier this week, the firm completed full height jacking trials on the rig. Tam Dao 05 is a Friede and Goldman JU-2000E design…
Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…
Rosneft has made its debut as a drilling operator in international waters, as the Russian giant commenced drilling operations at the PLDD-1X well, offshore Vietnam. The HAKURYU-5 rig, image from Japan Drilling…
Malaysia's Mitra Energy gained approval from the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) fields, off Vietnam. Image from Mitra Energy…
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