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Category: Vietnam

  • 1990-built FPSO to keep working in Vietnam until end of 2027

    1990-built FPSO to keep working in Vietnam until end of 2027 A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services […] The post 1990-built FPSO to keep working in Vietnam until end of 2027 appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia

    Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia Houston-based oil and gas company Murphy Oil has achieved a new appraisal milestone related to an oil find in the Cuu Long Basin approximately 40 miles off the coast of Vietnam, Southeast Asia. This move is perceived to have unlocked significant resource upside.…

  • Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000

    Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000 With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,”…

  • Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia

    Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year. The post Drilling ops set for April: Rig ends nearly…

  • Vietnam’s Hai An steps up fleet growth with DSIC newbuild deal

    Vietnam’s Hai An steps up fleet growth with DSIC newbuild deal Vietnam’s Hai An Transport and Stevedoring has stepped up its fleet expansion drive with an order for its largest containerships to date. The Hanoi-based shipowner has contracted Dalian Shipbuilding Industry Co (DSIC), part of China State Shipbuilding Corp, for up to four 7,100 teu…

  • Zodiac Maritime takes the plunge with suezmax orders in Vietnam

    Zodiac Maritime takes the plunge with suezmax orders in Vietnam UK-headquartered Zodiac Maritime has achieved another shipbuilding first, becoming the first client of Samsung Heavy Industries’ newly controlled Vietnam shipyard, committing to three firm conventionally fuelled suezmax tankers with options, priced at $80m per unit and delivering in 2028. Each vessel, with a capacity of…

  • Jacket load-out ticked off: Murphy preps for installation ops at its Asian oil project

    Jacket load-out ticked off: Murphy preps for installation ops at its Asian oil project Murphy Oil has made progress in the development of its oil project in the Cuu Long Basin off the coast of Vietnam, as the construction of a jacket for a central processing platform (CPP) destined to be installed at the site has…

  • Noble’s stacked rig finds new home in Vietnam

    Noble’s stacked rig finds new home in Vietnam Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has acquired a rig from an affiliate of offshore drilling contractor Noble Corporation. The post Noble’s stacked rig finds new home in Vietnam appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • HD Hyundai buys Doosan’s Vietnam yard for $207m

    HD Hyundai buys Doosan’s Vietnam yard for $207m HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility, in a transaction worth 290bn won ($207.5m). The deal will see HD KSOE take full control of…

  • Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project

    Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast…

  • 25-year PSC chapter paving the way for gas development offshore Vietnam

    25-year PSC chapter paving the way for gas development offshore Vietnam Perenco has pinpointed a new production sharing contract (PSC) for an offshore block as a stepping stone toward a final investment decision (FID) for the development of a gas and condensate field off the coast of Vietnam, Southeast Asia. The post 25-year PSC chapter…

  • Faster, greener shipping route launched in Vietnam

    Faster, greener shipping route launched in Vietnam DP World, in partnership with VIMC Container Lines Joint Stock Company (VIMC Lines), has launched a new coastal and river transport service that is said to cut cargo transit times by 70%. The so-called Mekong Express service connects inland port Cai Cui and deepwater port Cai Mep twice…

  • Vietnam’s Hai An Transport orders up to four boxships in China

    Vietnam’s Hai An Transport orders up to four boxships in China Vietnamese shipping and logistics company Hai An Transport and Stevedoring has launched a new fleet expansion programme with the order of up to four containerships from Chinese builder Jiangsu New Yangzi Shipbuilding. The deal includes two firm vessels and two optional units, each with…

  • CMA CGM signs $600m Vietnam box terminal deal

    CMA CGM signs $600m Vietnam box terminal deal France’s CMA CGM has penned an agreement with Saigon Newport Corporation (SNP) to develop a new $600m deepwater terminal in Haiphong, northern Vietnam. The deal covers the design, construction, and operation of the Lach Huyen terminals 7 and 8, located in Lach Huyen area in Haiphong. The…

  • Vietnamese oil platform undergoing decommissioning catches fire

    Vietnamese oil platform undergoing decommissioning catches fire A fire has broken out at a platform offshore Vietnam operated by Vietnam Oil and Gas Operating Company (PVEP POC). The post Vietnamese oil platform undergoing decommissioning catches fire appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam

    Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam The Vietnam National Industry – Energy Group (Petrovietnam) has held a meeting with Russia’s energy giant Gazprom to discuss energy cooperation between the two countries. The post Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam appeared first on Offshore…

  • Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

    Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays. The post Tight budgets and shrinking pool of oil & gas prospects…

  • Eneos Drilling seals jackup deal in Vietnam

    Eneos Drilling seals jackup deal in Vietnam Japanese offshore contractor Eneos Drilling has secured employment for one of its jackup rigs in Vietnam. The Tokyo-based subsidiary of Eneos Xplora has fixed the 2018-built Hakuryu-14 to Japan Vietnam Petroleum Company for work on two wells in Block 15-2 offshore Vung Tau. The contract is set to…

  • Eneos jackup lands two-well gig offshore Vietnam

    Eneos jackup lands two-well gig offshore Vietnam Japan’s Eneos Drilling, a wholly owned subsidiary of Eneos Xplora, has entered into a contract with Japan Vietnam Petroleum Company (JVPC) to supply a jack-up rig from its fleet for a drilling assignment offshore Vietnam. The post Eneos jackup lands two-well gig offshore Vietnam appeared first on Offshore…

  • Petronas kicking off LNG exports to Vietnam next month

    Petronas kicking off LNG exports to Vietnam next month PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), and Malaysia’s state-owned energy player Petronas have expanded their liquefied natural gas (LNG) collaboration. The post Petronas kicking off LNG exports to Vietnam next month appeared first on Offshore Energy. Dragana Nikše Go to offshore…

  • Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video)

    Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video) Norwegian shipping company Rem Offshore has held the steel cutting ceremony for its second […] The post Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video) appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • PM wants Vietnam’s first LNG power plants online by June as delays loom

    PM wants Vietnam’s first LNG power plants online by June as delays loom Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation. The post PM wants…

  • Yinson Production JV bags floater extension in Vietnam

    Yinson Production JV bags floater extension in Vietnam Singapore-based floater owner and operator Yinson Production, part of the Malaysian Yinson Group, has secured a bareboat charter extension with PetroVietnam for the floating production storage and offloading vessel PTSC Lam Son. The extension kicks in on January 1, 2025 in direct continuation of the existing charter…

  • PV Drilling expanding jackup rig fleet amid growing demand

    PV Drilling expanding jackup rig fleet amid growing demand Petrovietnam Drilling and Well Service Corporation (PV Drilling) has revealed that it would be investing in a three-leg multi-purpose jackup rig, expected to begin operations in the fourth quarter of 2025. Due to a growing demand for jackup rigs, PV Drilling decided to go for a…

  • Expansion plans laid out for HD Hyundai Vietnam Shipbuilding

    HD Hyundai Vietnam Shipbuilding will expand capacity to build 15 ships a year up from the current maximum of 12 with the company’s Korean parent revealing plans to potentially expand further to 23 ships a year by 2030.  The Vietnamese subsidiary of the Hyundai Heavy shipbuilding conglomerate is the largest, most advanced shipyard in Vietnam,…