Vietnam to compensate for cancelled exploration

Hanoi had bowed to pressure from China to halt work in disputed South China Sea area

Difficult times: state-owned PetroVietnam is to compensate international companies for cancelled upstream campaigns — Difficult times: state-owned PetroVietnam is to compensate international companies for cancelled upstream campaignsPhoto: AFP/SCANPIX

Amanda Battersby
Russell Searancke

London/Wellington

Vietnam PetroVietnam Repsol Mubadala Petroleum Rosneft

Published 29 July 2020, 10:30Updated 29 July 2020, 12:21