 "Essar House, Essar Oil")
Essar Exploration & Production (EEPL) and ENI have established presence of gas and condensates at their offshore block in Vietnam, Essar said in a statement on Friday.
“Exploration well located at Block 114, Song Hong Basin, offshore Vietnam, has proven the presence of gas and condensate in the Ken Bau prospect,” the company said in its statement. It added,” The well result indicates a significant potential of the hydrocarbon accumulation.”
Eni Vietnam is the operator of the block with a 50 per cent share, and Essar holds the remaining 50 per cent share.
In its statement, the company said, “Ken
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