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.
Eni Bolsters Vietnam Presence
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