SOCO International acquires 70% interest in Vietnam's offshore blocks

SOCO International acquires 70% interest in Vietnam's offshore blocks

The MoU signing between PetroVietnam, SOCO International and Sovico Holdings in 2015. Photo courtesy: PetroVietnam.

London-headquartered oil and gas conglomerate SOCO International has entered into a production sharing agreement with Vietnam’s state-owned PetroVietnam and Sovico Holdings to acquire a 70 per cent operated interest in Blocks 125 and 126 offshore central Vietnam.

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