The company has operated in Viet Nam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Viet Nam’s economic development.
At the meeting, Hung highly valued Murphy Oil’s contributions to oil and gas exploration and production activities in Viet Nam.
He called on the company, as operator, to work closely with relevant parties to effectively implement signed contracts, particularly at Blocks 15-1/05 and 15-2/17, ensuring progress, quality and efficiency.
The minister also encouraged Murphy Oil to continue studying and considering new investment opportunities and contracts in Viet Nam on the basis of investment efficiency, harmonised interests among stakeholders, and compliance with Vietnamese law.
For his part, Eric M.Hambly shared the corporation’s global business strategy, affirming that Viet Nam remains an important partner. He thanked the Vietnamese Government and the Ministry of Industry and Trade for facilitating the company’s oil and gas operations in recent years, while proposing several recommendations related to oil and gas activities in the country.
Hung said the ministry will continue reviewing and creating favourable conditions, in accordance with legal regulations, to support Murphy Oil’s oil and gas operations in Viet Nam.
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