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PetroVietnam, Oman To collaborate In Oil Exploration

PetroVietnam, Vietnam Oil and Gas Corporation, will join with Oman Oil Co. to start oil prospecting works in the two countries

PetroVietnam, Vietnam Oil and Gas Corporation, will join with Oman Oil Co. to start oil prospecting works in the two countries.

The two companies will also study the possibility of setting up a joint venture to look for oil in a third country.

Oman will also help Vietnam build a storage and distribution network for oil and gas.