Vietnam’s upstream oil and gas sector will have something for everyone in the years ahead, from deep-water exploration for the larger companies to marginal field developments for the smaller players.
The deep water is very much on PetroVietnam’s mind. Several tempting exploration plays lie along the country’s 3400-kilometre-long coastline.
The state-owned company recently outlined that its exploration strategy is centred on promoting the country’s deep-water areas, which have received little attention by the industry, let alone actual exploration wells.
Hydrocarbon