US firms in middle of Vietnam, China oil battle

Journal Article · Thu Apr 21 00:00:00 EDT 1994 · Energy Daily; (United States)

OSTI ID:7090097

Kaplan, D

U.S. oil companies Crestone Energy and Mobil are developing oil fields in the South China Sea and are in the middle of a dispute between China and Vietnam over ownership of two large fields. The two fields together contain an estimated 1.1 billion barrels of petroleum. Vietnam maintains they own both fields since they are located on the Vietnamese continental shelf, while China says they own them historically. Companies from Australia, Japan, and Indonesia are also involved in developing the two fields.

• OSTI ID: 7090097
• Journal Information: Energy Daily; (United States), Vol. 22:75; ISSN 0364-5274
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
CHINA SEA
RESOURCE DEVELOPMENT
OIL FIELDS
OWNERSHIP
HISTORICAL ASPECTS
LEGAL ASPECTS
POLITICAL ASPECTS
VIET NAM
ASIA
DEVELOPING COUNTRIES
GEOLOGIC DEPOSITS
INSTITUTIONAL FACTORS
MINERAL RESOURCES
PACIFIC OCEAN
PETROLEUM DEPOSITS
RESOURCES
SEAS
SURFACE WATERS
020700* - Petroleum- Economics
Industrial
& Business Aspects