Aker Solutions wins Vietnam deal, supports 100 jobs
Aker Solutions has won work with Idemitsu Oil and Gas in Vietnam.
Vietnam
China rejects Vietnam claims over rig in South China Sea
China has rejected Vietnam's second demand this year to move a controversial oil rig and drop its plans to drill in disputed waters in the South China Sea.
Vietnam demands China moves controversial oil rig
Vietnam has demanded China moves a controversial oil rig as well as abandoning plans to start drilling in waters where jurisdiction is unclear.
Rosneft commences drilling offshore Vietnam
Rosneft has commenced exploratory drilling of a block offshore Vietnam.
China claims rig not in disputed waters after Vietnam complains
China's Foreign Ministry has claimed a $1billion deepwater oil rig was not drilling in disputed territory in the South China Sea. It comes after a warning from Vietnam against such activity.
Mitra Energy gets approval from Vietnamese government for two fields
Mitra Energy said it has been given approval from the Vietnamese government for its reserve assessment reports for the Nam Du and U Minh fields. The company said agreement has been reached for Mitra to be assigned the full 35% working interest in Block 51 PSC formerly held by the Kuwait Foreign Petroleum compay.
Joint venture pulls out of Vietnam block
Pan Pacific Petroleum (PPP) and its joint venture (JV) partners have withdrawn from a block in Vietnam after unsuccessful drilling of the Whale prospect.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.
Wood Group wins Talisman Energy subsea contract
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.
SOCO profits hit by oil price slump
Oil and gas explorer SOCO has seen its profits plunge in the first six months of the year, but continues to focus on its Vietnam operations.
Chinese rig move accelerates downturn in Vietnam’s tourism industry
China's provocative parking of a giant oil rig near the disputed Paracel Islands in the South China Sea was at the heart of tensions that have caused a slump in Chinese tourist visits to Vietnam.
Gazprom Neft strikes deal with PetroVietnam
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.