Rosneft, Petrovietnam to Search for Oil in Pechora Sea

Rosneft and Vietnam Oil and Gas Group (hereinafter referred to as PetroVietnam) signed Agreement on basic terms for geological survey, hydrocarbon exploration and production in the Pechora Sea.

The agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Dr. Do Van Hau, President and CEO of PetroVietnam. The parties also signed the Memorandum of understanding for Rosneft potential acquisition of a stake in the Production sharing agreement (PSA) for the Block 15-1/05 in the Vietnamese offshore area.

The documents were signed in the presence of the Russian President Vladimir Putin and Vietnamese President Truong Tan Sang as part of an official visit of the Russian President to the Socialist Republic of Vietnam.

As part of the visit Igor Sechin also held a working meeting with PetroVietnam’s top management, at which the parties discussed cooperation between the companies in the energy industry and prospects to expand cooperation in the joint projects in Vietnam and Russia.

Press Release, November 12, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Baltic Energy Industry Forum – BEIF 2018

By the end of 2030, 4 GW of offshore wind farms (OWF) may be built in the Polish part of the Baltic Sea, and by the end of 2035 the capacity…

read more >

FPSO Europe Congress 2018

The FPSO Europe Congress 2018 builds on these themes, lending a particular focus to FPSO Value Preservation and Operational Excellence…

read more >

Offshore Pipeline Technology

Join 200+ key offshore pipeline professionals to exchange ideas, innovation and technology development to help…

read more >

Arabia 2018 Conference and Exhibition

Offshore Arabia is a focused prestigious meeting place of the Offshore Industry, and it’s diverse spectrum from the Oil & Gas…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply