Vietnam | Egypt Oil & Gas - Part 2

Vietnam Demands China to Move Oil Rig From Disputed Waters

Vietnam’s government said it had demanded China to remove an oil exploration rig from the Gulf of Tonkin, an area where the countries are still negotiating a delineation of control, ABC News reported. According to The...

Russia’s Rosneft to Solo Drill First Offshore Well

Russia’s largest oil producer Rosneft will start drilling its first international offshore well as a sole operator off the south coast of Vietnam this month, The Financial Times reported. The drilling campaign in Viet...

ACWA Enters Vietnam with $2.2b Coal Power Plant Deal

Saudi Arabia’s ACWA Power, in a consortium with South Korea’s Taekwang Power Holdings, has signed a $2.2b investment agreement with Vietnam for a 1,200MW thermal power plant, reported Reuters. The Nam Dinh...

Long Standing Kuwait-Vietnam Relationship Comes to a Close

Vietnam’s top fuel importer, Petrolimex, and Kuwait Petroleum Corp (KPC) have ended their long-standing diesel term contract that dates back to the 1990s since imports from Southeast Asia now attract lower dutie...

China Moves Oil Rig Closer to Vietnam’s Coast, Pushes Conflict

China has moved an oil rig at the center of last year’s violent dispute with Vietnam closer to Vietnam’s coast in the disputed South China Sea, just weeks ahead of the first visit by a chief of VietnamR...

Russia’s Gazprom to Collaborate More Closely with Petrovietnam

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. Alexander Dyukov, chairman of the management board of Gazprom Neft, and Nguyen Xuan ...

KrisEnergy De-Risking Vietnam Hydrocarbon Prospects

Block 120 covers 6,869 square kilometres overlying the Quang Ngai Graben and the Tri Ton Horst where water depths range from 50 to 650 metres. The graben connects the Song Hong and Qiongdongnan Basins in the north to ...

Energy Conflict Brewing with Indonesia in South China Sea

Indonesian President Joko Widodo said one of China’s main claims to the majority of the South China Sea had no legal basis in international law, but Jakarta wanted to remain an “honest broker” in one...

Vietnam Unveils Further Refinery Expansion Plans

Binh Son Refining & Petrochemical Co. Ltd. (BSR), a subsidiary of state-owned Vietnam National Oil & Gas Group (PetroVietnam), has unveiled further details on plans for the upgrade and expansion of its Dung Qu...

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