Prime Minister Pham Minh Chinh (R) receives President and Chief Executive Officer of Murphy Oil Corporation Roger Jenkins in Washington D.C. (Photo: VNA)At the meeting with Roger, PM Chinh spoke highly of the cooperation andactive participation of Murphy Oil in oil exploration activities in Vietnamover the past time. He welcomed the corporation's plan to expand operation in Vietnamin the future.
Roger said he highly appreciated the Vietnamese market and reported aboutMurphy Oil's activities in Vietnam, particularly the progress of the Lac Da Vangoilfield project. He proposed support measures to help promote the progress ofthe project.
PM Chinh said he had issued directions relating to the project, and theVietnam Oil and Gas Group (PetroVietnam or PVN) held many meetings withcontractors and ministries, agencies to consider and deal with the project'sproblems. He proposed the two sides to speed up the progress of relatedworks.
PM Chinh said Murphy Oil needs to promptly continue to coordinate with thePVN and the PetroVietnam Exploration Production Corporation (PVEP) to handlerelated works. He stated that he had asked the Vietnamese ministries ofIndustry and Trade, and Planning and Investment to study proposals of thecorporation and implement related tasks in order to speed up the progress ofthe Lac Da Vang project.
Murphy Oil has invested around 300 million USD in oil exploration in Vietnamand is managing oil fields in Be Cuu Long and Be Phu Khanh. It is cooperatingwith the PVEP to carry out the Lac Da Vang oilfield project with a totalinvestment capital of 700 million USD.
Inthe coming time, the corporation will continue oil exploration activities atoilfields under its management as committed with the Government of Vietnam./.
VNA
