US national security advisor and presidential envoy Robert O’Brien on November 4 denounced Chinese intimidation to stop ASEAN nations from exploiting the offshore resources in the East Sea.
Vietnam resolutely opposes Chinese survey vessel group Haiyang Dizhi 8’s continued serious violations of Vietnam’s sovereignty right and jurisdiction in territorial waters as defined in the 1982 United Nations Convention on the Law of the Sea (UNCLOS), the Foreign Ministry’s spokeswoman Le Thi Thu Hang has said.
China is engaged in a long-term and consistent campaign of coercing Southeast Asian countries to abandon their legitimate rights in the East Sea, according to an American scholar.
The United States Department of State said on August 22 that it is deeply concerned about China’s interference in Vietnam’s longstanding oil and gas activities in Vietnam’s Exclusive Economic Zone (EEZ) claim.
A commentator has highlighted the flourishing relationship between Russia and Vietnam in an analysis published by Russia’s Realist news agency on August 12.
The Export-Import Bank of Korea (Korea Eximbank) has said that it has agreed to open a 2 billion USD credit line to Vietnam’s State-owned Vietnam Oil and Gas Group (PetroVietnam) in a bid to help more Korean companies venture into the fast-growing economy.
The recently-established Committee for the Management of State Capital at Enterprises (CMSC) will have a heavy workload to shoulder, needing great efforts exerted to overcome this challenge, according an expert.
The rapid exhaustion of its main oil discoveries is putting PetroVietnam under great pressure to reach its oil exploration and production targets for 2018.
The exchange value of gas and condensate of the Bien Dong 1 project carried by the Bien Dong Petroleum Operating Company (Bien Dong POC) hit 511 million USD in 2017, a rise of eight percent compared to the yearly plan.
Singapore's Keppel Corporation's Offshore & Marine unit (Keppel O&M) has agreed to pay a 422 million USD fine for the US, Brazil and Singapore in bribery probes.
The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.
A joint venture of the PetroVietnam Exploration and Production Corporation, the Groupment Bir Seba, has produced 10 million barrels of oil after 20 months of exploitation in Algeria’s Sahara Desert.
Vietsovpetro, a joint Vietnamese-Russian oil and gas enterprise on May 7 began operating the Tho Trang 03 oil rig (White Rabbit) at well 37P offshore of the southern province of Ba Ria-Vung Tau.
The Vietnam National Oil and Gas Group (PVN) produced about 6.45 million tonnes of crude oil in the first quarter of this year, exceeding its three-month plan by 5 percent.
The most outstanding works of the annual press photography contest titled “Khoanh Khac Vang” (Golden Moment) were awarded at a ceremony in Hanoi on September 15.
An inauguration and handover ceremony was held in the southern province of Ba Ria-Vung Tau on August 12 to launch the Tam Dao 05 offshore oil rig, the largest ever locally manufactured jack-up rig.
The PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to expand its coverage in rig and drilling related services provision, to Myanmar, Malaysia and the Middle East.
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