Pharos preparing to resume drilling offshore southern Vietnam
May 23, 2024
Pharos Energy expects to start a new two-well drilling program later this year on the TGT Field offshore southern Vietnam.
Courtesy Pharos Energy
Offshore staff
LONDON — Pharos Energy expects to start a new two-well drilling program later this year on the TGT Field offshore southern Vietnam.
It is also in talks with the Vietnamese regulators on license extensions for TGT and the CNV Field.
Farm-in talks continue concerning Pharos’ exploration blocks 125 and 126 offshore eastern Vietnam, with discussions focused on timing of a slot for a suitable drilling rig and clarity on well costs.
