Eni strengthens presence in Vietnam

Eni has acquired a 100% interest in block 115/09 offshore central Vietnam from Krisenergy for an undisclosed sum.

The block is located in the Song Hong Basin, near the Ken Bau gas and condensate discovery in block 114, which is currently under appraisal by operator Eni Vietnam and its partner Essar Exploration and Production. The new acreage also borders with block 116, also operated by Eni Vietnam with a 100% participating interest.

Eni has been present in Vietnam since 2013, and currently operates five blocks located in the underexplored Song Hong and Phu Khanh basins offshore central Vietnam.