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UK's Pharos Energy gets two-year extension to explore offshore Vietnam until November 2027.
UK-based energy firm Pharos Energy has been granted a two-year extension by the Vietnamese government to explore Blocks 125 and 126 offshore Vietnam until November 2027.
Awarded in 2017, these blocks are in the Phu Khanh Basin, with Pharos holding a 70% stake.
The extension allows Pharos to continue discussions with potential partners and prepare for drilling, aiming for near-term production growth in Vietnam.
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Pharos Energy del Reino Unido obtiene una extensión de dos años para explorar en alta mar en Vietnam hasta noviembre de 2027.