Vietnam comes to Barents Sea

State oil company Petrovietnam gets stakes in two blocks in Russian Arctic waters as part of its new cooperation deal with Rosneft, Barents Observer reports. 

The Vietnamese company, the largest oil and gas producer in the Southeast Asian country, picks up a 33,3 percent stake in two projects in the Pechora Sea. New joint ventures will be established to follow up project development, a press release from Rosneft informs.

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