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TNK-BP bids for Conoco Vietnam

Published on Dec. 10, 2011

Read TNK-BP bids for Conoco Vietnam

Russia's TNK-BP, developing a gas project in Vietnam acquired from its major shareholder BP, has also bid for ConocoPhillips assets in the Asian country, TNK-BP's head of upstream operations Alexander Dodds said last week.

TNK-BP, a 50-50 joint venture between BP and a quartet of Soviet-born businessmen, has already taken over some gas assets in the South China Sea from its British co-owner and expressed its interest in expanding in Vietnam. It has said it will bid for one block of nine blocks on offer by the Vietnamese government in a tender which opens this week.
State oil and gas group Petrovietnam has already said it will bid for the ConocoPhillips assets, three oil fields and one gas ...

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