Stay Connected

Japanese firms boost Vietnamese oil industry

10/06/2008
Japanese firms are stepping up their involvement in Vietnam’s oil industry, entering both upstream exploration and production and downstream refining and marketing. State-owned Petrovietnam and Nippon Oil Corp. subsidiary Japan Vietnam Petroleum Co. have begun producing crude oil at offshore Phuong Dong oil field. JVPC holds a 64.5% stake in the venture, while Petrovietnam E&P holds the remaining 35.5%. Production at the field, on Block 15.2, about 120 km off Ba Ria-Vung Tau province in southern Vietnam, is expected to increase to 15,000 b/d in 2009 from the current 10,000 b/d. The field has reserves estimated at 36.3 million bbl of crude, 5.3 million bbl of condensate, and 3.16...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.