Production

Partners sign 25-year extension for flagship Vietnam PSC

Operating consortium intends to invest $1.3 billion, including to exploit new gas reserves

The Thai Binh FPSO on Block 15-1 offshore Vietnam.
The Thai Binh FPSO on Block 15-1 offshore Vietnam.Photo: PERENCO
Asia Bureau ChiefSingapore
Published 27 June 2025, 03:30Updated 27 June 2025, 06:50
VietnamPetroVietnamKNOCSK EarthonGeopetrol