Author Topic: Russia fears Beijing backlash over SCS drilling with Vietnam  (Read 2003 times)

adroth

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Rosneft says South China Sea drilling is within Vietnam waters
Reuters Staff

https://www.reuters.com/article/rosneft-vietnam-southchinasea/rosneft-says-south-china-sea-drilling-is-within-vietnam-waters-idUSL3N1SO39Z

HANOI, May 17 (Reuters) - Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China.

Rosneft’s local unit, Rosneft Vietnam BV, is concerned that its recent drilling in an area of the South China Sea that falls within China’s “nine-dash line” could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.

“Offshore license areas of Rosneft on the South China Sea are situated within the territorial waters of Vietnam,” Rosneft said in its statement.

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EXCLUSIVE-Vietnam unit of Russia's Rosneft fears Beijing backlash over South China Sea drilling
By James Pearson
Reuters

https://www.compuserve.com/politics/story/0002/20180517/M1L3N1SN56V_1735131997

* Rosneft announces drilling in Vietnam's Block 06.1 on Tuesday

* Block is in area outlined by China's nine-dash line-consultant

* That line lays claim to much of the South China Sea

* Vietnam previously halted project by Repsol in a nearby block

* Rosneft Vietnam did not want publicity for drilling-sources

HANOI, May 17 (Reuters) - Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.

Rosneft said on Tuesday its Vietnamese unit had started drilling at the LD-3P well, part of the Lan Do "Red Orchid" offshore gas field in Block 06.1, 370 kms (230 miles) southeast of Vietnam.

The block is "within the area outlined by China's nine-dash line," according to energy consultancy and research firm Wood Mackenzie.

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In March, Vietnam halted an oil drilling project in the nearby "Red Emperor" block following pressure from China, sources told Reuters.

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Fearing repercussions and pressure from China, Rosneft Vietnam had wanted to begin drilling with as little attention as possible, despite the statement by its parent company on Tuesday, the sources said.

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The drilling is significant for Vietnam, which has been struggling to maintain its crude oil and gas output amid already declining production from its key fields and the continuing pressure from China in the disputed waters.

In April, Vietnam's state oil firm PetroVietnam said that maritime tensions with China will hurt its offshore exploration and production activities this year.

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« Last Edit: December 03, 2018, 01:52:01 AM by adroth »

adroth

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Vietnam says conducts maritime oil operations under international law
Reuters Staff

1 MIN READ

https://www.reuters.com/article/us-rosneft-vietnam-southchinasea/vietnam-says-conducts-maritime-oil-operations-under-international-law-idUSKCN1II1Y5

HANOI (Reuters) - Vietnam’s maritime oil and gas operations are in accordance with international law and conducted in waters in which it has total sovereignty, the country’s foreign ministry said in a statement on Thursday.

Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft (ROSN.MM), is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.

“As we have repeatedly asserted, all of Vietnam’s maritime economic activities, including oil and gas activities, have been licensed and carried out in maritime zones entirely under Vietnamese sovereignty and jurisdiction,” foreign ministry spokeswoman Le Thi Thu Hang told Reuters in a statement.

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adroth

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Re: Russia fears Beijing backlash over SCS drilling with Vietnam
« Reply #2 on: December 03, 2018, 01:40:50 AM »
Still on hold

https://asia.nikkei.com/Politics/Vietnam-and-Russia-expand-joint-South-China-Sea-gas-projects

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Vietnam's state-owned oil company PetroVietnam and Russian state-controlled natural gas producer Gazprom have agreed to jointly develop gas in fields on the continental shelf in the South China Sea. But the project has been on hold due to strong protests from China, which claims most of the vast body of water and has been building military facilities in the area.

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« Last Edit: December 03, 2018, 01:52:12 AM by adroth »

adroth

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Re: Russia fears Beijing backlash over SCS drilling with Vietnam
« Reply #3 on: December 03, 2018, 09:37:06 AM »
Vietnam's Ca Tam oil field to start production Jan 15 - sources
Khanh Vu, Florence Tan
3 MIN READ

https://uk.reuters.com/article/vietnam-energy/vietnams-ca-tam-oil-field-to-start-production-jan-15-sources-idUKL4N1XO21O

HANOI, Nov 13 (Reuters) - Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.

Ca Tam is the first new field to be brought into production in Vietnam in years after a 2014 plunge in oil prices slashed exploration. The start-up is significant as declining production from the country’s key fields has left it struggling to maintain oil and gas output.

Production from Ca Tam, jointly developed by Vietsovpetro, PetroVietnam Exploration Production Corp (PVEP) and Bitexco Group, is forecast to be between 20,000 and 25,000 barrels per day, one of the sources told Reuters.

The field in block 09-3/12, 160 km (100 miles) southeast of Vietnam, will be hooked up to the facilities in the nearby block 09-1, which houses the country’s largest oil field Bach Ho, Vietnam Oil and Gas Group (PetroVietnam) said last month.

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https://www.nrgedge.net/project/sturgeon-ca-tam-field-block-093-12



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Vietsovpetro JV in Vietnam find
OE Staff
Friday, 23 October 2015 14:06

https://www.oedigital.com/subsea/item/10675-zarubezhneft-jv-in-vietnam-find

The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam.

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Block 09-3/12 is located in the South Conson basin, 150km southeast from Vung Tau, 20km east from Bach Ho field.

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adroth

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Re: Russia fears Beijing backlash over SCS drilling with Vietnam
« Reply #5 on: December 10, 2018, 01:59:59 PM »
UPDATE 1-Vietnam's Ca Tam oil field to start production Jan 15 - sources
Khanh Vu, Florence Tan
3 MIN READ

By Khanh Vu and Florence Tan

https://af.reuters.com/article/energyOilNews/idAFL4N1XO2LN

HANOI/SINGAPORE, Nov 13 (Reuters) - Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.

Ca Tam is the first new field to be brought into production in Vietnam in years after a 2014 plunge in oil prices slashed exploration. The start-up is significant as declining production from the country’s key fields has left it struggling to maintain oil and gas output.

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