188bet asia Petrovietnam and US partners promote cooperation in developing energy projects in Vietnam
On 10th May 2022, 188bet asia delegation of Vietnam National Oil and Gas Group (Petrovietnam) led by President and CEO Le Manh Hung had working sessions with ExxonMobil Corporation, Murphy Oil Corporation, Tellurian and Globalinx companies to promote and participate in energy projects in Vietnam. Joining Petrovietnam’s delegation were Vice President Le Ngoc Son, representative leaders of 188bet asia Group’s Divisions and leaders of PV GAS, PVEP and BSR.
At 188bet asia meeting with ExxonMobil, President and CEO Le Manh Hung discussed with Mr. John Whelan, Senior Vice President of ExxonMobil about important contents to help continue deploy Ca Voi Xanh project to achieve FID progress around 188bet asia end of 2023 and early 2024, in which 188bet asia signing of new GSA HOA after 188bet asia expiration of 188bet asia old framework agreement is an important content.
Overview of 188bet asia working session between Petrovietnam delegation and Exxon Mobil leader
According to Mr. John Whelan, Ca Voi Xanh gas project plays an important role to Petrovietnam and ExxonMobil as well.
188bet asia two sides exchanged solutions for project implementation in 188bet asia context of 188bet asia volatile energy market; coordinate to remove and handle agreements and procedures: commercial agreements, negotiate and sign GSA HOA, deploy land lease, upgrade Ky Ha port…
Petrovietnam delegation worked and visited Exxon Mobil’s headquarters in Houston
At 188bet asia meeting with Tellurian and Globalinx, which are business partners in 188bet asia energy sector such as natural gas production, gas infrastructure development and LNG business, President and CEO Le Manh Hung, Mr. Scott Chrisman - Senior Vice President of Tellurian and Mr. Joe Knierien - CEO of Globalinx discussed about cooperation opportunities in supplying LNG to Vietnam market.
Petrovietnam delegation worked with Tellurian and Globalinx on 188bet asia possibility of supplying LNG to Vietnam market
Working with Petrovietnam President and CEO Le Manh Hung, Mr. Roger Jenkins, CEO of Murphy Oil Corporation, mentioned 188bet asia difference in 188bet asia technical assessment of Lac Da Vang (LDV) field development plan between PVEP and 188bet asia Parties/Operators, including 188bet asia difference in reserve assessment and connectivity options compared to 188bet asia independent development option.
188bet asia delegation of Petrovietnam and PVEP worked with Murphy
After listening to 188bet asia exchange, Petrovietnam supported 188bet asia development of LDV project, and clarified that 188bet asia difference in assessment only reflected 188bet asia different ways of looking at and considering 188bet asia risk level between 188bet asia Parties.
188bet asia meeting focused on resolving issues with different views and solutions to promote 188bet asia project as soon as possible.