Acquisitions and Divestitures News in Vietnam

AES Announces Sale of Mong Duong 2 Plant in Vietnam
11/30/2023 - The AES Corporation (NYSE: AES) announced it has reached an agreement with Se.ven Global Investments to sell its 51% equity stake in the Mong Duong 2 coal-fired plant in Vietnam. Following approvals b...
Norsk Solar to Announce the Signing of a Non-binding Term Sheet for Potential Purchase in Vietnam
11/8/2023 - Norsk Solar, a Norwegian Independent Power Producer in renewable energy, is pleased to announce the signing of a non-binding term sheet (“Term Sheet”) for a potential purchase of a significant minorit...
Harbour Energy Announces Sale of Vietnam Business
8/10/2023 - Harbour Energy announces that it has entered into Sale and Purchase Agreements to sell its business in Vietnam, which includes its 53.125 per cent interest in the Chim Sao and Dua producing fields, to...
Coro Energy Acquires Energised 2.39MW Vietnam Roof Top Solar Portfolio
6/15/2023 - Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces that it has signed the acquisition of a rooftop solar portfolio from the shareholders of K...
JERA to Buy 35% Share in Vietnam Renewable Energy Firm
8/16/2022 - JERA Co., Inc. (“JERA”), through its subsidiary JERA Asia Pte. Ltd. (“JERA Asia”), has signed a share purchase agreement with International Finance Corporation (IFC) and Armstrong S.E. Asia Clean Ener...
Shizen Energy Sells Shares of Solar Power Plant in Vietnam to ENEOS Group
12/13/2021 - Shizen Energy Inc. has announced that Shizen Malaysia Sdn. Bhd., a subsidiary of Shizen Energy, has sold 19% of its shares of VKT-Hoa An Joint Stock Company, which operates Hau Giang Solar Power Plant...
JVPC & PVEP Sign MOU for Operation of Block 15-2 Offshore Vietnam
11/29/2021 - JX Nippon Oil & Gas Exploration Corporation ("JX NOEX") is pleased to announce that Japan Vietnam Petroleum Company Limited ("JVPC"), a wholly owned subsidiary of JX NOEX, has signed a Memorandum of U...
Coro Energy Announces Vietnamese Solar Acquisition
11/16/2021 - Coro Energy Plc, the South East Asian energy company supporting the regional transition to a low carbon economy, is pleased to announce the entry of binding joint venture agreements in respect of the ...
Batavia Oil Completes Acquisition of Perenco Rang Dong Ltd
8/20/2021 - Batavia Oil completed the purchase of 100% of the shares in Perenco Rang Dong Ltd. from Perenco Overseas Holdings Ltd., which holds a 30.5% non-operating interest in the Block 15-2 Rang Dong, offshore...
Hibiscus Petroleum Receives Waiver/Expiry of Pre-Emption Rights
7/14/2021 - Hibiscus Petroleum Berhad (MK) (“Hibiscus Petroleum”) is pleased to announce that its indirect wholly-owned subsidiary, Peninsula Hibiscus Sdn Bhd (“Peninsula Hibiscus”) had, on 13 July 2021, been inf...
Coro Energy Announces Acquisition of Vietnamese Solar Portfolio
7/12/2021 - Coro Energy Plc, the South East Asian energy company focused on leading the regional transition to a low carbon economy, is pleased to announce it has signed binding Heads of Terms to acquire rights o...
Eni Acquires Block 115 Offshore Vietnam
4/12/2021 - Eni, through its affiliate Eni Vietnam, has completed the acquisition from Krisenergy (Vietnam 115) Ltd. of a 100% participating interest and the operatorship in Block 115/09, offshore central Vietnam...
KrisEnergy Completes Farm-out Agreement for Vietnam Block 115/09
3/31/2021 - KrisEnergy Ltd. (“KrisEnergy” or the “Company”, and together with its subsidiaries, the “Group”), an upstream oil and gas company, refers to its announcements dated 14 February 2020, 19 June 2020,...
KrisEnergy Extends Farm-out Agreement for Vietnam Block 115/09
3/23/2021 - KrisEnergy refers to its announcements dated 14 February 2020, 19 June 2020 and 16 September 2020 and 16 December 2020 in relation to the entry by its wholly-owned subsidiary, KrisEnergy (Vietnam 115)...
AES Agrees to Sell Mong Duong 2 Coal-Fired Plant in Vietnam
1/4/2021 - The AES Corporation signed an agreement on December 31, 2020 to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investo...
KrisEnergy Provides Update on Farm-out Agreement for Block 115/09
12/16/2020 - KrisEnergy refers to its announcements dated 14 February 2020, 19 June 2020 and 16 September 2020 in relation to the entry by its wholly-owned subsidiary, KrisEnergy (Vietnam 115), into a farm-out agr...
Arbitration Commences over Vietnam Acquisition
7/3/2020 - Jadestone Energy Inc. has commenced arbitration proceedings against Teikoku Oil (Con Son) Co. Ltd (Teikoku), a wholly-owned subsidiary of Inpex Corporation (Inpex), in respect of Jadestone’s acquisiti...
Extension of Long Stop Date under Farm-Out Agreement for Block 115/09
6/19/2020 - KrisEnergy Ltd. (“KrisEnergy”, and together with its subsidiaries, the “Group”), an upstream oil and gas company, refers to its announcement dated 14 February 2020 in relation to the entry by its whol...
KrisEnergy in Farm-out Agreement for Vietnam Block 115/09
2/14/2020 - KrisEnergy has announced that its wholly-owned subsidiary, KrisEnergy (Vietnam 115) Ltd, has entered into a farm-out agreement with a major international oil and gas company for the transfer of its en...
Santos Announces Sale of Non-Core Asian Assets
5/3/2018 - Santos announced the sale of its non-core Asian portfolio to Ophir Energy plc (Ophir) for US$221 million. ...

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