The U.S.’s ExxonMobil will start drilling for oil and gas offshore Vietnam by the end of this year, said James W.Sharp, vice president and chief representative of ExxonMobil Exploration and Production Vietnam Ltd.
Last year, ExxonMobil and the state-run Vietnam Oil and Gas Group (PetroVietnam) agreed to cooperate in exploring oil and gas off Vietnam’s central coast.
The two firms and PetroVietnam’s subsidiaries will explore oil and gas at blocks 117, 118 and 119 offshore the provinces of Quang Nam and Quang Ngai, and Danang City.
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