PetroVietnam surveying oil block eyed by China
24-JUL-2008 Intellasia | Rigzone
Jul 24, 2008 - 7:00:00 AM
|
|
State oil group PetroVietnam has resumed exploration activity in an area off Vietnam's coast which is the subject of a territorial dispute between Hanoi and China, PetroVietnam's partner, oil major BP Plc stated.
"PetroVietnam is currently executing contracts for offshore survey activities on blocks 5.2 and 5.3," BP spokesman David Nicholas said.
Last year, BP suspended planned seizmic surveys of Block 5.2 pending a resolution of the dispute.
The block is about 370 kilometres (230 mi) offshore, between Vietnam and the Spratly Islands, a string of rocky outcrops in the South China Sea, suspected of containing large oil and gas deposits and which are claimed by Vietnam, China and Taiwan.
|
Advertising
