Vietnam

Mitra Energy Ltd., Hamilton, Bermuda, has been awarded a production sharing contract on Block 51 off Vietnam.

By OGJ editors
HOUSTON, May 21
– Mitra Energy Ltd., Hamilton, Bermuda, has been awarded a production sharing contract on Block 51 off Vietnam.

Mitra Energy, with 35% equity, will operate the block on behalf of Kuwait Foreign Petroleum Exploration Co. with 35% and Petrovietnam Exploration and Production with 30%.

The partnership is committed to shoot 300 sq km of 3D seismic and drill one exploratory well in the first 3-year exploration phase on the 3,566-sq km block in the Malay basin off southwestern Vietnam.

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