PetroVietnam acquires 3 US Chevron's subsidiaries in Vietnam

PetroVietnam acquires 3 US Chevron's subsidiaries in Vietnam

PetroVietnam's oil rig. Visual from the company website

The Vietnam National Oil and Gas Group (PetroVietnam) has taken over the three Chevron subsidiaries in Vietnam, including the Chevron Vietnam (Block B) Co Ltd, Chevron Vietnam (Block 52) Co Ltd and Chevron Southwest Vietnam Pipeline Co Ltd.

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