Eni expands presence in offshore Vietnam theasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theasset.com Daily Mail and Mail on Sunday newspapers.
Eni Behind the Acquisition of KrisEnergy s Vietnam aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.
16 April 2021 2:30 GMT Updated 16 April 2021 2:30 GMT
UK independent Pharos Energy is preparing for a big year in Vietnam where it will participate in the drilling of six wells at the Te Giac Trang offshore oilfield and acquire 3D marine seismic in a high-potential exploration permit.
Pharos - formerly Soco International - has a 30.5% interest in the TGT field in Block 16-1 in the Cuu Long basin, and a 70% operating interest in exploration Blocks 125 and 126 in the Phu Khanh basin.
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Fitch Ratings upgrades PetroVietnamâs outlook to positive 13:48 | 15/04/2021
PetroVietnam posted upbeat performance in this first quarter, leveraging its diligent workforce at project sites nationwide
Fitch Ratings has also assessed PetroVietnamâs standalone credit profile (SCP) at âBB+â and long-term foreign-currency issuer default rating (IDR) at âBBâ.
The assessments followed Fitch Ratingsâ upgrade of the BB outlook for Vietnam from âstableâ to âpositiveâ earlier this month.
Like other oil and gas firms around the world, PetroVietnam encountered numerous difficulties in 2020 due to the impacts of the COVID-19 pandemic and the nosedive in oil prices.
In the face of unprecedented challenges from COVID-19, PetroVietnam has carried out drastic solutions to achieve last yearâs targets.