Vietnamese enterprises sign contracts to provide oil and gas exploitation services with Indian partners

On the afternoon of June 20, 2023, in Mumbai city, Maharashtra state, India, Vietnam's Hai Duong Petroleum Maritime Joint Stock Company (HADUCO) signed an oil and gas exploration and exploitation contract with the Group. Indian National Petroleum (ONGC).

Speaking at the signing ceremony, Mr. Pham Xuan Thang, Chairman of the Board of Directors of HADUCO Company said: "Continuing the success of the contract to provide the Hai Duong 79 service ship to serve ONGC's exploration and exploitation activities, today Today, HADUCO is honored and proud to sign contracts with a larger number of ships, marking a big step forward for HADUCO, a new milestone in the company's development in foreign markets."

 

According to the signed contract, HADUCO will provide 7 multi-purpose service vessels to serve ONGC's oil and gas exploitation activities for a period of 3 years.

Mr. Thang emphasized that HADUCO is committed to continuing to provide high quality services, ensuring absolute safety and efficiency for ONGC's exploration and exploitation activities in India.

The event of signing a contract to provide 7 oil and gas service vessels with ONGC India not only demonstrates the development of Vietnamese businesses but also opens up new opportunities for cooperation between Vietnam and India to contribute to development and stability of the Asia-Pacific region.

HADUCO is proud to be the first private enterprise in Vietnam to reach out to the world market in accordance with the Company's slogan "Reaching To The Sea - Reaching Out To The Sea".

 

The Embassy of Vietnam in India, the Consulate General of Vietnam in Mumbai city, Maharashtra state, the Vietnam Trade Office in India, leaders and employees of HADUCO and ONGC and the business communities of the two countries witnessed and congratulate the success of the signing ceremony and hope to open new cooperation opportunities in the field of oil and gas cooperation between Vietnam and India.


 Source:Vietnam Trade Office in India

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