Japan's JX to acquire 4th Vietnam exploration block
Japan's second-biggest oil and gas explorer JX Nippon Oil & Gas Exploration Co said on Wednesday it has signed a contract to acquire a 20 percent stake in offshore Vietnam block 101-100/04 from Salamander Energy.
The deal marks the fourth Vietnamese exploration block for the Japanese firm, which is a unit of JX Holdings. The deal would have little immediate impact on the JX group's earnings, the company said in a statement.
reuters
> Vietnam aims to start alumina production in September-report (20/07/2011)
> Firms want higher salt imports (19/07/2011)
> VN pushes domestic products (19/07/2011)
> SCIC sells interests in 520 enterprises (19/07/2011)
> Vietnam needs deep water ports, big tonnage ships to import coal (18/07/2011)
> Exporters cry for help as local coffee price soars (18/07/2011)
> No respite to high prices, says ministry (18/07/2011)
> Ha Noi industrial zones earn $1.9b in H1 (18/07/2011)
> Experts decry delays in stocking rice (18/07/2011)
> Vietnam eyes 2nd anti-dumping lawsuit against US (18/07/2011)