Vietnam to Open Bidding Round for Three Offshore Oil Blocks

© nattapon7 / Adobe Stock
© nattapon7 / Adobe Stock

Vietnam's state oil firm PetroVietnam will invite oil companies to bid to develop three offshore oil blocks, the government said on Friday.

They include Block 17 in Cuu Long Basin and Block 10/11 and Block 10&11-1 in Nam Con Son Basin, all on Vietnam's continental shelf, the government said in a statement, adding that the bidding process will last until June 20.


(Reuters - Reporting by Khanh Vu; Editing by John Mair)

Current News

NSTA Hosts Speakers and Demonstrations at Offshore Europe

NSTA Hosts Speakers and Demons

dCarbonX Ltd Receives Gas Storage License

dCarbonX Ltd Receives Gas Stor

Brent Oil Prices Hover While Facing Geopolitical Tensions, WTI Weakens Further

Brent Oil Prices Hover While F

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Marks First Steel Cut f

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine