News Oil & Gas

EnQuest granted more time for Vietnam PSC

EnQuest plc has been granted a four-year extension, expiring in July 2034, to the block 12W production sharing contract in Vietnam. PRODUCTION The extension will allow the company and its partners “to access upside across Block 12W, with prospectivity spread across three gas discoveries and several additional targets”.   Since acquiring a 53.125% interest in block 12W […]