Mitra Energy & PetroVietnam Sign PSC for Two Blocks Offshore Vietnam


Asian Basins
(Click to Enlarge)
Mitra Energy Limited has signed a Production Sharing Contract with PetroVietnam for offshore Blocks 28 & 29/03. The blocks are located in the Western Nam Con Son basin, offshore Vietnam, covering an area of around 13,000 square kilometers in water depths of approximately 50 meters.

MEL feels that the prospectivity of the as yet undrilled Western Nam Con Son basin is on par with that of the Nam Con Sjon basin proper and, as such, is delighted to have secured the whole of the sub-basin within the new PSC area.

Mel believes that this important, high quality exploration asset will augment its existing portfolio in Indonesia and the Philippines, thus broadening the base for the company's future growth.

MEL very much looking forward to working with PVN in this exciting area, with a view to building a lasting presence in Vietnam and a strong long-term relationship with PVN.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Fabrication Project Superintendent
Expertise: Fabrication|Project Management
Location: Houma, LA
 
Senior Vice President, Operations
Expertise: Executive|Operations Management
Location: Houston, TX
 
Sr. Contract Specialist
Expertise: Contracts Administration|Contracts Engineer|Legal
Location: Chesterfield, MO
 
search for more jobs

Brent Crude Oil : $52.72/BBL 3.31%
Light Crude Oil : $48.51/BBL 3.01%
Natural Gas : $2.89/MMBtu 1.36%
Updated in last 24 hours