Wednesday, October 10, 2007

Malaysia's Mitra seals deal for Vietnamese offshore oil blocks


VIETNAM: Malaysia's Mitra Energy Ltd. on Oct. 9 signed a production sharing contract today with state-owned PetroVietnam for two offshore blocks in the western Nam Con Son Basin offshore Vietnam. The two blocks, 28 and 29/03, are located in water depths of about 50 metres (164 ft), covering an area of 13,000 square kilometres (5,019 sq miles), some 150 kilometres (93 miles) off Vung Tau, Vietnam.

Filed from Singapore 10/10/2007 6:07:15 AM GMT