Back toour markets

Vietnam Overview

in figures

Equinor cancels wind projects in Spain, Vietnam, Portugal
NEWS
Multinational - September 05, 2024

Equinor has cancelled offshore wind projects in Spain and Portugal and exited Vietnam's offshore wind market.

READ MORE
Hibiscus farms in Malaysian exploration block
NEWS
Malaysia - August 27, 2024

Hibiscus has farmed in a 30% participating interest in one of the largest exploration blocks offshore Malaysia.

READ MORE
Kuwait formally inaugurates Al Zour refinery
NEWS
Kuwait - May 30, 2024

Kuwait has officially inaugurated the 615,000-bopd Al Zour refinery.

READ MORE
PetroVietnam’s exploration arm announces oil finds
NEWS
Vietnam - May 07, 2024

PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100.5 million barrels.

READ MORE
Murphy Oil takes FID on Vietnam project
NEWS
Vietnam - November 03, 2023

Murphy Oil has made its FID on the Lac Da Vang hydrocarbons project in Vietnam, the company announced in its third quarter results on Thursday.

The development will…

READ MORE
Rystad Energy predicts M&A bonanza in Southeast Asia
NEWS
Norway - March 28, 2023

Rystad Energy has predicted a rise in upstream M&As in Southeast Asia in the next two years based on more than USD 5 million in assets on offer, the energy research…

READ MORE
JAPEX joins Vietnam LNG project
NEWS
Vietnam - January 12, 2022

Japan Petroleum Exploration has signed a share purchase agreement with Iteco Joint Stock Company for a stake in the Northern Vietnam LNG terminal being constructed in…

READ MORE
Yinson Holdings in FPSO Vietnam deal
NEWS
Malaysia - January 23, 2017

Yinson Holdings signed a letter of intent with Repsol for the provision of an FPSO for its Ca Rang Do development in Vietnam, the Malaysian vessel provider announced on…

READ MORE
Exxon reaffirms Blue Whale commitment
NEWS
Vietnam - January 13, 2017

ExxonMobil’s Vietnamese unit on Friday entered into an arrangement with PetroVietnam, underscoring its commitment to the development of the Blue Whale…

READ MORE
New Gulf of Tonkin conflict brewing
NEWS
Vietnam - April 08, 2016

Vietnam demanded China move an exploration rig late on Thursday amid ongoing delineation works in the much-contested waters of the South China Sea.

“Vietnam…

READ MORE
Saudi Aramco to raise gas production
NEWS
Saudi Arabia - March 09, 2016

Saudi Aramco aims to increase its gas output over the next 10 years, potentially doubling the produced volumes of the resource, company CEO Amin Nasser said on…

READ MORE
Rosneft starts exploratory drilling
NEWS
- March 09, 2016

Rosneft Vietnam has commenced its first drilling project as operator, the local subsidiary of Russian oil major Rosneft announced on Wednesday.

Drilling the PLDD-1X…

READ MORE
SapuraKencana annuls USD 400 mln purchase
NEWS
Malaysia - January 25, 2016

SapuraKencana Petroleum cancelled plans to buy hydrocarbons assets in Vietnam worth USD 400 million from Malaysian national oil company Petronas, the Malaysian oil…

READ MORE
Soco stocks fall amid output plunge
NEWS
Vietnam - November 18, 2015

London-headquartered international oil company Soco’s stocks plunged 17 percent on Wednesday after the announcement that its production wells in Vietnam are…

READ MORE
Murphy enters Cuu Long Basin
NEWS
Vietnam - October 29, 2015

Murphy Oil has farmed into the shallow-water Cuu Long Basin offshore Vietnam, according to the US company’s third-quarter statement. The company also stated that a…

READ MORE
Repsol holds Vietnam licence
NEWS
Vietnam - August 28, 2015

Spanish multinational operator Repsol has received approval to retain an exploration area within the offshore Block 07/03 production-sharing contract in…

READ MORE