Eni takes over Krisenergy’s Block 115/09 in Vietnam

Italian oil and gas company Eni, through its affiliate Eni Vietnam has completed the acquisition of a 100% participating interest and the operatorship in Block 115/09 in offshore central Vietnam from Krisenergy’s wholly-owned subsidiary Krisenergy (Vietnam 115) Ltd.

Krisenergy is a Singapore-headquartered independent upstream company focused on the production and development of oil and gas in the basins of Southeast Asia.

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The area is adjacent to Block 114 where the operator Eni Vietnam and its partner Essar Exploration and Production Limited have recently announced the Ken Bau gas and condensates discovery currently under appraisal.