News

Petrovietnam Acquires Two Oil and Gas Exploration And Exploitation Companies And A Pipeline Company Owned By Chevron In Vietnam

Thursday, June 18, 2015

June 17, 2015 - Vietnam Oil and Gas Group (Petrovietnam) has acquired 100% of the shares of the Chevron companies with assets in Vietnam and the operatorship that are part of the Block B, Block 48&95 and Block 52/97 projects, off Vietnam’s continental shelf. These companies include Chevron Vietnam (Block B) Ltd, holding a 42.38 % operating interest in the PSC covering Blocks B and 48/95, Chevron Vietnam (Block 52) Ltd, holding a 43.40% operating interest in the PSC covering Block 52/97 and also the operator under the two PSCs, and Chevron Southwest Vietnam Pipeline Co. Ltd, holding a 28.7% working interest in a pipeline project that would deliver natural gas from offshore to gas users in Vietnam.

Search

Petrovietnam Acquires Two Oil and Gas Exploration And Exploitation Companies And A Pipeline Company Owned By Chevron In Vietnam

Category

Categories

Archive

Popular

PV GAS confidently imports and trades LNG in Vietnam

PV GAS President & CEO in talks with PV GAS VUNG TAU

PV GAS HAI PHONG strengthens disaster prevention and fire fighting efforts

PV GAS receives 2nd LNG shipment for power generation

PV GAS to supply nearly 70.000 of LNG to EVN

PV GAS to Launch LNG Business by Truck

PV GAS and VPA: Effective Cooperation as part of Sustainable Development

PV GAS QatarEnergy LNG finalized first LNG deal for 2024

PV GAS

Link

Reference