The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 ...

CLJOC has commenced oil production from the Su Tu Vang (Yellow Lion) field located in Block 15-1 offshore Vietnam. Cuu Long Joint Operating Co. has commenced oil production from the Su Tu Vang ...

The cumulative oil production in the block has reached over 250 million bbl, according to the company. The new PSC, approved by the Prime Minister of Vietnam, was agreed prior to the expiration of ...

PetroVietnam will take a 25% stake in a joint venture with Korea National Oil Corp. which will be set up to produce oil and gas in an field located offshore Vietnam ... in Block 11-2, located ...

Vietnam is projected to see a sharp rise in demand for oil and gas drilling rigs in 2025, underpinned by the accelerated ...