Norwegian-based Statoil's plans to exit Vietnam are continuing apace after the company announced further asset sales.
Government authorities in Vietnam have approved the transfer of Statoil's shares in Blocks 06-1(13.33%) and 05-2 (33.3%) in the Nam Con Son Basin to BP and other partners.
Following the purchase, BP's 26.67 per cent share in Block 06-1 and 66.7% share in Block 05-2 have now risen to 35% and 100% respectively. Block 06-1 hosts the Lan Tay and Lan Do gas discoveries and is being developed as part of the Nam Con Son gas utilisation project by a consortium of companies.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
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