On 8 July 2015, the general secretary of Vietnam’s communist party, Nguyen Phu Trong, witnessed the signing of important cooperation documents between enterprises of Vietnam and the US at the US Chamber of Commerce. Nguyen Xuan Son, chairman…
PetroVietnam has purchased Chevron’s Vietnamese assets including acreage off the country’s continental shelf and an offshore pipeline project, the Vietnamese national announced on 17 June. Under the deal it struck with Chevron, PetroVietnam…
The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam. The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks…
Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…
OE staff reports from the Offshore Technology Conference in Houston on Tuesday, 5 May 2015. Vietnamese delegates addressed challenges and opportunities in fractured basement reservoirs on Tuesday morning’s “Understanding the Challenges of Vietnam Fractured Basement Exploration…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
Gazprom Neft and Petrovietnam signed a series of agreements to extend their collaboration activity on the Pechora Sea shelf. Dolginskoye field. From Gazprom. The joint oil and gas exploration…
Italian exploration and production major Eni is joining Chevron, Woodside, Ophir Energy and India's Reliance Industries, in gearing up for exploration activities offshore Myanmar after signing two production sharing contracts (PSCs). All the companies have been awarded PSCs off the country…
Hoang Long Joint Operating Co. (HLJOC) has selected Honeywell Process Solutions (HPS) to handle critical project management and engineering for the TGT-H5 wellhead platform that will tap energy reserves off the coast of Vietnam. Image from HLJOC…
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time and on budget…
Gazprom Neft’s subsidiary, Gazpromneft Sakhalin has been awarded subsoil-use rights to two blocks in the Russian Arctic. Image from Gazprom Neft. The first block, the Severo-Zapadniy (North East) block is located on the Pechora Sea shelf…
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 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 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…
