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Petrovietnam News

 

Gazprom Neft, PetroVietnam sign Arctic agreement

Nov 25, 2014

Russia's Gazprom Neft and state-owned PetroVietnam have begun exclusive talks to potentially cooperate in the development of the Dolginskoye field, located about 75km off the Russian coast in the Pechora Sea. Gazprom Neft said in a statement…

SOCO tests Congo find

Nov 04, 2014

SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has successfully completed testing the exploration well Lidongo X Marine 101 ST1 well (LXM-101).   The well 'significantly exceeded' pre-test expectations…

SOCO to test Gabon find

Oct 16, 2014

SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…

Eni increases Vietnamese acreage

Oct 14, 2014

Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…

Rosneft, PetroVietnam to form Pechora Sea JV

Sep 08, 2014

Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…

Gazprom, PetroVietnam discuss holdings

Sep 05, 2014

Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…

Japanese JV discovers gas off southern Vietnam

Aug 21, 2014

Three Japanese exploration companies, led by project operator Idemitsu Kosan Co., announced the discovery of natural gas and condensate at the fourth well in Blocks 05-1b and 05-1c offshore southern Vietnam. The discovery was in the Dai Nga structure in Blocks 05-1b and 05-1c…

SOCO well spud offshore Congo

Aug 07, 2014

SOCO International announced the Lidongo X Marine-101 (LXM-101) exploration well spud in the Marine XI Block, located in the Congo Basin, offshore the Republic of Congo. The LXM-101 well is located 23km north west of Pointe Noire in a…

Vung Tau Rig Services partnership established

Jul 23, 2014

Semco Maritime and PetroVietnam Marine Shipyard (PVMS) establish Vung Tau Rig Services in Vietnam to repair, refurbish and upgrade rigs. Semco Maritime and PVMS have worked together since 2012 and aim to offer high quality and cost efficient solutions…

Eni enters PSC with PetroVietnam

Jun 26, 2014

Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…

PetroVietnam enters new partnerships

Nov 26, 2013

PetroVietnam has signed new agreements with India's ONGC Videsh, and Russia's Rosneft. PetroVietnam's new memorandum of understanding with ONGC Videsh extends one previously signed in 2011. The MOU covers the joint exploration of hydrocarbons in Vietnam and India…

Exxon gets Madagascar extensions

Nov 06, 2013

Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…

SOCO hits in block 16-1 off Vietnam

Jul 22, 2013

SOCO International announced that its TGT-10X exploration well in Te Giac Trang (TGT) field in block 16-1 off southern Vietnam cut 117m of net pay (250m gross pay), after drilling to 4226m MD. This is the first well drilled into the Oligocene D2 section in the H5 fault block of the field…

First oil for Talisman off Vietnam

May 22, 2013

Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 b/d once the facilities are fully commissioned. 'We are…

OTC.13: Petrovietnam details growth

May 06, 2013

Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…

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