Announcement
Tue, 02/08/2011, 01:14 GMT+7
Vietnam’s 2011 Licensing Round
Vietnam Oil and Gas Group (Petrovietnam) is pleased to announce the 2011 Licensing Round, which covers nine (9) blocks in Nam Con Son, Phu Quoc and Malay-Tho Chu Basins, offshore Vietnam:

1. The Round will be opening on 1st August 2011 and closing on 5th January 2012. The registration and data review will be organized from 10th August 2011 to 7th October 2011 in Hanoi.

 

2. Database includes approx. 49,000 km seismic 2D; 1,700 km2 seismic 3D acquired; processed and 33 wells drilled, showing analogy to recent oil and gas discoveries in the country and the region.

 

3. The recently improved legal framework and investment conditions make the contract and fiscal terms more attractive.

 

4. For more information, please contact:

Dr. Hoang Ngoc Dang

General Manager, Exploration Division

Telephone: (844) 3825 2526 / Ext. 6615, 6626

Facsimile:  (844) 3826 5942

Email:         round2011@pvn.vn

Website:   http://www.petrovietnam.com.vn