Hanoi, Jan. 29 -- The Ministry of Industry and Trade (MoIT) has provided updated information on the oil discovery at the Hai Su Vang (HSV-2X) field in Block 15-2 of the Cuu Long Basin, located about 65km off Vietnam's southern coast.

Speaking at the ministry's regular press briefing in Hanoi on January 29, Deputy Director of the MoIT's Department of Oil, Gas and Coal Dang Hai Anh said that the US's Murphy Oil Corporation is currently involved in oil and gas exploration and appraisal activities in Blocks 144-145 and Blocks 15-1 and 15-2 offshore Vietnam.

Recent exploration and appraisal activities have yielded positive results, he said, noting that with regard to the oil reserves discovered in Block 15-2, also known as the Hai Su Vang fi...