Vietnam Cancels Major Oil Project in South China Sea -BBC
March 23 2018 - 6:34AM
Dow Jones News
--Vietnam Oil & Gas Group, a state-owned company known as
PetroVietnam, has ordered Spain's Repsol SA to suspend an oil
project in the South China Sea, BBC reports, citing an unnamed
source.
--The suspension of the project means that Repsol and its
partners PetroVietnam and Mubadala Petroleum--a subsidiary of
Mubadala Investment Co.--could lose up to $200 million of
investments that have already been made, BBC said.
Full story: http://bbc.in/2pDxx6a
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
March 23, 2018 06:19 ET (10:19 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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