Wednesday, May 22, 2019 - 19:36:50

offshore

French company wins oil concessions in Cambodia

ASEAN

French company wins oil concessions in Cambodia

The Cambodian Government has awarded French oil giant Total the rights to exploit oil in Block III offshore the Gulf of Thailand after a successful review of bidding documents, the French news agency AFP reported

PetroVietnam, PVEP sign oil production sharing contract

Business

PetroVietnam, PVEP sign oil production sharing contract

The Vietnam Oil and Gas Group (PetroVietnam) and the PetroVietnam Exploration and Production Corp. (PVEP) on June 25 signed a production sharing contract for Block 05.1(a) of the Dai Hung (Big Bear) oilfield, 265km offshore southern Ba Ria-Vung Tau province.