PetroVietnam subsidiary Phu Quoc Petroleum Operating Company is finalising its development plan for the large Block B offshore gas project, and is determined to maximise the amount of local contracting.
In June, the Vietnamese state-owned company acquired Chevron’s operating equity in Blocks B and 48/95, Block 52/97 and the subsea pipeline project that will be built from the offshore fields to an onshore power complex in O Mon.
PetroVietnam
