SOCO Signs MoU for Blocks 125/126, Offshore Vietnam

Source: www.gulfoilandgas.com 7/30/2015, Location: Asia

On 29 July 2015, SOCO’s President and Chief Executive, Ed Story, attended a signing ceremony in Hanoi, Vietnam to sign a Memorandum of Understanding among SOCO, PetroVietnam and SOVICO Holdings regarding potential exploration and production on Blocks 125-126, offshore Vietnam.

Speaking at the ceremony, Ed Story said,
“SOCO began evaluation of the exploration potential of Blocks 125/126 in the Phu Khanh Basin in 2010. Accordingly, we are pleased to join forces with Sovico and PetroVietnam to further our common interest in developing the energy industry in Vietnam where SOCO already has a commanding presence.”

The Vietnamese Prime Minister, Mr. Nguyen Tan Dung, referred to the MOU signing as he spoke of “important economic agreements” in his speech given during the visit to Vietnam by British Prime Minister, Mr David Cameron.


United States >>  5/17/2022 - Helix Energy Solutions Group, Inc. has entered into a definitive agreement to acquire 100% of the equity interests of the Alliance group of companies ...
Japan >>  5/16/2022 - First Solar, Inc. has entered into definitive agreements with funds managed by PAG Real Assets (“PAG”), pursuant to which PAG will acquire from First ...

Brazil >>  5/13/2022 - Petrobras, following up on the release disclosed on 07/20/2018, informs that it has decided to conclude the current competitive process, which was in ...
Russia >>  5/12/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LL...

United Kingdom >>  5/12/2022 - JERA Americas, the Houston-based subsidiary of global energy leader JERA, has entered into an agreement to acquire a 1,633 megawatt (MW) thermal power...
Australia >>  5/11/2022 - NeuRizer - (formerly Leigh Creek Energy) wholly owned subsidiary Leigh Creek Oil and Gas (LCOG) has announced that Santos will farm-in and take operat...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.