SK Innovation Acquires Operating Rights for Stake in Vietnamese Oil Block
[Asia Economy Reporter Park Soyeon] SK Innovation has acquired a 70% stake and operational rights in the '16-2 Block' in southern Vietnam.
On the 23rd, SK Innovation announced that it signed a contract with 'PetroVietnam Exploration Production Corporation' (PVEP), a subsidiary of the Vietnamese state-owned oil company PetroVietnam, regarding this matter.
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SK Innovation stated, "The 16-2 Block is expected to serve as the central hub for cluster development within the Cuu Long Basin in the future."
This content was produced with the assistance of AI translation services.
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