Pharos Energy excited by Vietnam potential
UK-listed Pharos Energy is excited about its upcoming Vietnam activities with a 3D seismic shoot lined up over a high-potential exploration permit and a six-well production drilling programme set to start at its Te Giac Trang offshore oilfield.
Updated: 19/04/2021, 4:08 am
© Shutterstock / Comdas
Silhouette of drilling rigs and oil derricks on the background of the flag of Vietnam.
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Eni Behind the Acquisition of KrisEnergy s Vietnam
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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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Eni strengthens its presence in Vietnam through the acquisition of Block 115
édité le 12/04/2021 - Plus de news de ENI - Voir la fiche entreprise de ENI
Eni, through its affiliate Eni Vietnam, has completed the acquisition from Krisenergy (Vietnam 115) Ltd. of a 100% participating interest and the operatorship in Block 115/09, offshore central Vietnam.
The area is adjacent to Block 114 where the operator Eni Vietnam and its partner Essar Exploration and Production Limited have recently announced the Ken Bau gas and condensates discovery currently under appraisal.
The new acreage also borders with Block 116, also operated by Eni Vietnam with a 100% participating interest.
Vietnam: Eni strengthens its presence in Vietnam through the acquisition of Block 115
12 Apr 2021
KrisEnergy (Vietnam 115) of a 100% participating interest and the operatorship in
Block 115/09, offshore central Vietnam.
Source: KrisEnergy
The area is adjacent to
Block 114 where the operator Eni Vietnam and its partner Essar Exploration and Production Limited have recently announced the
Ken Bau gas and condensates discovery currently under appraisal.
The new acreage also borders with Block 116, also operated by Eni Vietnam with a 100% participating interest.
The block covers an area of 7,382 Km2, with a water depth ranging from 90m to 1,000m.
Eni s presence in the Country is further strengthened with this acquisition, consolidating its position in the recently discovered Ken Bau like play, in line with its strategy of expanding of its gas portfolio in the Asian Far East.
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