Eni signs contract for block offshore Vietnam

Eni SPA has signed a production-sharing contract with PetroVietnam for exploration of Block 122 offshore Vietnam.

Eni SPA has signed a production-sharing contract with PetroVietnam for exploration of Block 122 offshore Vietnam.

The block covers 6,900 sq km in the Phu Khanh basin. Water depths are as great as 2,000 m.

The exploration period is 7 years in two phases.

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