Pearl Energy, partners awarded block off Vietnam

By OGJ editors
HOUSTON, Aug. 1 -- Singapore's Pearl Energy Ltd. and its partners have been awarded an interest in Block 06/94 in the Nam Con Son basin, off southern Vietnam.

Operator Pearl and partners Lundin Petroleum AB of Sweden and Serica Energy PLC of London each will hold a 33.33% interest in the block. Completion of the transaction is subject to execution of a production-sharing contract with Petrovietnam.

Block 06/94 covers more than 4,100 sq km about 350 km offshore, just south of BP PLC's producing Lan Tay gas field.

The consortium plans to acquire 3D seismic and to drill additional exploratory wells. An existing high-quality grid of seismic data has already identified several large undrilled structures on the block.

Related Articles

Gorder named Valero chief executive officer

03/25/2014

Joe Gorder, Valero Energy Corp. president and chief operating officer, has been named chief executive officer, succeeding Bill Klesse.

Double Eagle changes name, appoints chief executive officer

03/25/2014 Double Eagle Petroleum Co., Denver, has appointed Charles F. Chambers to the position of chairman and chief executive officer, effective Apr. 1. As...

MOL closes purchase of North Sea assets from Wintershall

03/25/2014 MOL Group, Budapest, has completed its transaction with Wintershall, Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in th...

Gasoline price games

03/24/2014 Let's assume you're a typical American, typically scornful of the oil and gas industry. You don't work for the industry. You don't know much about ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected