Energy Resources Supplier Market News

On June 16th, 2014 within the frame of the World Petroleum Congress Rosneft President, Chairman of the Management Board Igor Sechin, PetroVietnam Oil Corporation President and General Director Dr. Do Van Hau and General Director of JSC Zarubezhneft Sergey Kudryashov signed a Memorandum of Understanding in the field of geological exploration in Vietnamese shelf. The document presumes, among other things, that the parties shall consider the possibility of cooperation and joint geological explorations in offshore Blocks 125 and 126, in Fukhan, on the Vietnamese shelf. the process of exploration. Commenting on the signing of the Memorandum…