215 results found for 'neon vietnam'

215 results found for 'neon vietnam'
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  • EnQuest widens its Southeast Asian horizons with more oil & gas assets

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

  • Canadian and Vietnamese hydrogen associations forge strategic ties

    12 June 2025
    Collaboration, Outlook & Strategy

    The Canadian Hydrogen Association (CHA) and the Vietnam ASEAN Hydrogen Club (VAHC) have signed a memorandum of understanding (MoU) to collaborate on the development and deployment of zero-emission hydrogen solutions.

  • LNG as double engine for change: coal phaseout in Asia, net-zero gains worldwide

    16 June 2025
    Business Developments & Projects, Outlook & Strategy, Transition

    Liquefied natural gas (LNG) can play a key role in speeding up Asia’s transfer from coal to more renewable sources in power generation and help the region–and consequently, the world–meet its decarbonization objectives, a new study by S&P Global Commodity Insights (SPGCI) has found.

  • APM Terminals Moín launches modernization project to boost efficiency and sustainability

    3 June 2025
    Business Developments & Projects, Equipment, Infrastructure, Project & Tenders, Research & Development, Technology

    As part of a wider commitment to upgrade operational infrastructure and implement sustainable technologies, APM Terminals Moín in Costa Rica has launched a modernization project focused on streamlining access to the terminal.

  • AI-powered safety tool fortifies EnQuest’s operated energy portfolio in UK waters

    4 June 2025
    Business & Finance, Business Developments & Projects, Innovation, IT & Software, Project & Tenders, Technology

    Aberdeen-based Fennex has won a multi-year contract with EnQuest which enables the Scottish company to deploy its AI-powered safety management solution across the latter’s operated UK offshore assets and its oil and gas terminal in the Shetland Islands, Scotland.

  • EnQuest expanding Southeast Asian footprint to Indonesia

    23 April 2025
    Business Developments & Projects, Project & Tenders

    London Stock Exchange-listed energy player EnQuest has won two production sharing contract (PSC) blocks in Indonesia’s West Papua province.

  • Vietnam’s energy security getting a boost with FSRU addition

    11 March 2025
    Business Developments & Projects, Project & Tenders

    PetroVietnam Gas Corporation (PV Gas) has offered what it says are stable and sustainable gas source solutions for power generation in Vietnam in the next five years, including an addition of a floating storage and regasification unit (FSRU) to the country’s liquefied national gas (LNG) terminal.

  • US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings

    13 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.

  • Neon not giving up on Vietnam blocks

    15 April 2014

    Neon Energy has issued a statement in response to Eni Vietnam B.V.’s Notices of Withdrawal issued today to Neon Energy (Song Hong) Pty Ltd (NESH). The Notices require NESH to withdraw from the Block 120 and Block 105-110/04 (Block 105) Joint Ventures, and have been issued further to non-payment by NESH of cash call payments to the Operator […]

  • KrisEnergy, Eni resolve Vietnam dispute with Neon

    12 August 2014

    Italy’s Eni and Singapore’s KrisEnergy have reached an agreement with Neon Energy to resolve a dispute regarding the settlement of the financial liabilities of Neon, subsequent to the Vietnamese drilling program conducted in late 2013 in Block 105-110/04 and Block 120. In consideration for a full release from all liabilities Neon has agreed to pay US$5.75 […]

  • Neon withdraws from Vietnam contract areas?

    15 April 2014

    Neon Energy loses interest in Vietnamese blocks after failing to pay.   KrisEnergy Ltd, an independent upstream oil and gas company, announces the following in relation to its Vietnam contract areas, Block 105-110/04 (“Block 105”) and Block 120:  Eni Vietnam B.V. the operator of Block 105 and Block 120, issued default notices on 7 March […]

  • UK oil & gas duo mulling over potential merger

    7 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion.

  • Neon: Evacuated Rigs in Vietnam to Shortly Return to Operations

    12 November 2013

    Neon Energy Limited has provided following update regarding drilling of the Cua Lo-1 and Ca Ngu-1 exploration wells, located in Block 105-110/04 (“Block 105”) and Block 120, offshore Vietnam. Since the last update regarding Cua Lo-1 on 22 October 2013, drilling has reached the 9 5/8” casing point at a depth of 2,509 metres, having redrilled […]

  • Neon Energy Completes Seismic Operations Offshore Vietnam

    16 June 2010

    Neon Energy Limited  is pleased to announce the completion of 2D seismic acquisition operations in Block 120 and Block 105-110/04 (“Block 105”) offshore Vietnam. The Aquila Explorer seismic vessel, contracted from Seabird Exploration, ceased operations on Block 105 on 12 June 2010. The 3,827 km seismic campaign was conducted as planned, during an extended period […]

  • Neon Energy Inks Offshore Vietnam Farm-Out Agreement

    16 January 2012
    Business & Finance

    Neon Energy Limited, an emerging petroleum exploration and production company listed on the Australian Securities Exchange has accepted a binding offer from a third party to farmin to Block 120 and Block 105-110/04, offshore Vietnam. Due to confidentiality obligations Neon said it was not in a position to provide a detailed summary. However under the agreed […]

  • Neon Provides Additional Info on Offshore Vietnam Farm-out Deal

    20 January 2012
    Business & Finance

    Neon Energy Limited has, further to the announcement made on January 16, provided some additional information in relation to the agreed farmout of Block 120 and Block 105-110/04 (‘Block 105″), offshore Vietnam. The key commercial terms of the accepted binding offer as they apply to Neon are as follows: ■ Neon to assign a 25% […]

  • Eni Takes Operatorship of Vietnamese Offshore Blocks

    22 January 2013
    Business & Finance

    Neon Energy Limited has announced that the Company’s farmout of  Vietnamese exploration blocks 120 and 105-110/04 (“105”) to Eni Vietnam B.V. (“Eni”), a wholly owned subsidiary of Eni SpA, has received the full and final approval of Petrovietnam and the Government of Vietnam. The key commercial terms of the farmout are as follows: 1. Neon […]

  • Vietnam’s first LNG-fuelled power plant completes test firing

    20 January 2025
    Business Developments & Projects, Infrastructure

    PV Power, a subsidiary of Vietnam Oil and Gas Group (PetroVietnam), has carried out the initial firing of the country’s first liquefied natural gas (LNG) power plant, achieving what it says is a milestone on the road to putting the project into commercial operation.

  • Neon Energy’s Farmout of Vietnamese Exploration Blocks to Eni Receives Final Approval

    22 January 2013
    Business & Finance, Operations & Maintenance

    Neon Energy Limited  announces that the Company’s farmout of Vietnamese exploration blocks 120 and 105-110/04 (“105”) to Eni Vietnam B.V. (“Eni”), a wholly owned subsidiary of Eni SpA, has received the full and final approval of Petrovietnam and the Government of Vietnam. As disclosed to the market on 25 June 2012, the key commercial terms […]

  • Eni Farms into Blocks Off Vietnam

    25 June 2012

    Eni of Italy said it has signed an agreement with KrisEnergy and Neon Energy for two exploration blocks located offshore Vietnam, in the Song Hong and Phu Khanh basins in the Gulf of Tonkin. The Song Hong Basin is estimated to contain 10% of Vietnam’s hydrocarbon resources, mainly gas, and significant discoveries have recently been […]

  • Eni Buys Into Two Blocks Offshore Vietnam

    25 June 2012
    Business & Finance

    Eni has signed an agreement with KrisEnergy and Neon Energy for two exploration blocks located offshore Vietnam, in the Song Hong and Phu Khanh basins in the Gulf of Tonkin. The Song Hong Basin is estimated to contain 10% of Vietnam’s hydrocarbon resources, mainly gas, and significant discoveries have recently been recorded there. The agreement […]

  • Eni Inks Agreement for Two Exploration Blocks Offshore Vietnam

    25 June 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Eni has signed an agreement with KrisEnergy and Neon Energy for two exploration blocks located offshore Vietnam, in the Song Hong and Phu Khanh basins in the Gulf of Tonkin. The Song Hong Basin is estimated to contain 10% of Vietnam’s hydrocarbon resources, mainly gas, and significant discoveries have recently been recorded there. The agreement […]

  • PetroVietnam awards $940m contract to Samsung and Lilama for LNG power plants

    15 March 2022
    Business Developments & Projects, Project & Tenders

    PetroVietnam Power, a subsidiary of state-owned PetroVietnam, has awarded a $940 million contract to a consortium of South Korea’s Samsung C&T and Vietnam’s Lilama to build Vietnam’s first LNG-fueled power plants.

  • PM wants Vietnam’s first LNG power plants online by June as delays loom

    7 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

  • Eni to Resume Drilling at Block 120, Offshore Vietnam

    27 November 2013

    Neon Energy Limited  has provided the following update regarding drilling operations at the Ca Ngu-1 exploration well, located in the Eni-operated Block 120, offshore Vietnam. As of 26 November drilling has reached the 13 3/8” casing point, at a depth of 607 metres. Once casing is set, Operator Eni will drill ahead through the upper […]