DTiNews
Tiếng Việt
RSS

  1. VIETNAM TODAY

  2. Society

PVEP welcomes first oil stream from project in Malaysia

The PetroVietnam Exploration and Production Corporation has welcomed the first oil stream from West Desaru 1 oil well it is exploring under a joint project in Malaysia, according to the Vietnam National Oil and Gas Group.

The PetroVietnam Exploration and Production Corporation (PVEP) has welcomed the first oil stream from West Desaru 1 oil well it is exploring under a joint project in Malaysia, according to the Vietnam National Oil and Gas Group (PetroVietnam).

PVEP welcomes first oil stream from project in Malaysia - 1

The output from the well of West Desaru oil field, which belongs to Block PM304 offshore Malaysia peninsula, is expected to reach 2,000 barrels/day.

When fully operational, the field, one of PVEP’s three overseas oil stream projects, is expected to produce 20,000 barrels/day.

PVEP now holds a 15 percent stake in the project.

The corporation is currently investing in 17 overseas projects. It is working hard to welcome the first oil stream from its other projects in Peru and Algeria.

Source: VNA
More news
Mass cobia deaths hit Ly Son farmers

Mass cobia deaths hit Ly Son farmers

Around 60 tonnes of farmed cobia have died in recent days off Ly Son Special Zone, Quang Ngai Province, causing losses of tens of billions of VND.
Loading...
Most Read
Latest