PETROVIETNAM TO EXPLORE OIL&GAS IN INDONESIA
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The projects are headed by the Vietnam Oil and Gas Corporation (PetroVietnam) and the Vietnam Oil & Gas Development and Investment Company (PIDC), which will focus on exploring oil and gas at NE Madura 1 and 2 blocks in Indonesia.
Those projects, with a total value of nearly US$10mil and duration of three years, have marked a new development period of the home oil and gas industry.
OTHER PROJECTS