Murphy Oil Accelerates Investment in Vietnam 🌿🤔


#MurphyOil #Golden Camel #Golden Sea Lion #Vietnam Oil #PVN #East Sea #Energy #OilGas Technology #Vietnam Economy 💖👉🍀😲


American oil and gas corporation Murphy Oil is becoming the new focus of the Southeast Asian energy industry when it continuously announces plans to exploit and expand investment offshore Vietnam. After the discovery that is considered the largest in the region in nearly 20 years, Murphy Oil is accelerating the progress of bringing the Golden Camel mine into commercial exploitation in the fourth quarter of 2026.


According to the first quarter of 2026 report, Murphy Oil confirmed that Vietnam is currently one of the group's most strategic investment areas with an expected budget of nearly 200 million USD this year alone.


🌍 Vietnam has emerged as Asia's new "oil and gas hot spot".


The area Murphy Oil focuses on exploiting is located in the Cuu Long basin off the coast of southern Vietnam, about 65 km from the coast. This is an area that has been assessed for many years as having large oil and gas reserves but still has strong exploitation potential.


📊 Murphy Oil key oil fields in Vietnam


Potential Status Area Project
Golden Camel Lot 15-1/05 Prepare first oil Q4/2026 10,000–15,000 BOEPD
Hai Su Vang Lot 15-2/17 Successfully appraised >430 MMBOE
White Camel North Cuu Long Basin Prepares for drilling Great potential
Hong Camel Offshore Vietnam Evaluating Long-Term Expectations


According to Murphy Oil, the Hai Su Vang field could be the largest oil and gas discovery in Southeast Asia in the past two decades after the HSV-2X well confirmed recovered reserves exceeding 430 million barrels of oil equivalent.


⛽ Golden Camel enters the final stage before exploitation


The Golden Camel project is currently being implemented at a very high speed. Murphy Oil said all important infrastructure is being completed on schedule.


📌 Progress in implementing Golden Camel 2026


Progress Category
Launching FSO Q2/2026
Complete pipeline Q2/2026
Superstructure installation Q3/2026
First Oil Q4/2026


Murphy Oil's internal updated photo shows that the project has entered the development drilling and construction phase of the offshore FSO system.


Average output in 2026 in Vietnam is expected to be around 500 BOEPD before increasing sharply in the period 2028–2029.


🔥 Vietnamese oil is considered very high quality


The point that attracts international investors' attention is not only the scale of reserves but also the quality of crude oil.


CEO Eric Hambly said that the oil exploited in Vietnam reaches about 37-38 degrees API, belongs to the group of high-quality light oils, is easy to refine and is often paid a better premium by the Asian market than the Brent price.


📊 Compare Vietnam's oil advantages


Criteria for Vietnam Oil Middle East Oil
API 37–38 Lower in many mines
Distance to Asia Near Far
Logistics costs Lower Higher
Geopolitical risks Lower than High
Premium Brent selling price +2 to +3 USD Volatility


Especially in March 2026, the actual delivered oil price in Asia increased to Brent +12 USD/barrel due to Middle East tensions. This makes Vietnamese oil significantly more attractive.


💰 Murphy Oil poured nearly 200 million USD into Vietnam


Murphy Oil currently spends about 16% of its global investment budget on Vietnam.


📊 Murphy Oil investment structure in Vietnam in 2026


Value Category
Total global CAPEX $1.25 billion
Investment in Vietnam ~195–200 million USD
Golden Camel Development ~120 million USD
Hai Su Vang appraisal ~75 million USD


This is considered a very large investment level for an oil and gas project offshore Southeast Asia today.


🚢 Vietnam can enter a new oil and gas cycle


Many experts believe that the 2026–2030 cycle can become a period of strong recovery for Vietnam's oil and gas thanks to:


🌿 Oil prices remain high
🌿 Asia has a supply shortage
🌿 The East Sea still has a lot of potential
🌿 New mines are constantly being confirmed

🌿 LNG và lọc hóa dầu tăng trưởng mạnh



Nếu Hải Sư Vàng và Lạc Đà Vàng khai thác đúng kế hoạch, Việt Nam có thể cải thiện đáng kể sản lượng dầu thô đang suy giảm nhiều năm qua.



📈 Triển vọng dài hạn tới đầu thập niên 2030



Murphy Oil kỳ vọng tổng sản lượng từ các dự án tại Việt Nam có thể đạt 30.000–50.000 BOEPD vào đầu những năm 2030 nếu các chương trình thẩm lượng tiếp tục thành công.



Điều này không chỉ mang ý nghĩa thương mại mà còn tác động mạnh tới:



📌 An ninh năng lượng Việt Nam

📌 Thu ngân sách dầu khí

📌 Chuỗi logistics ngoài khơi

📌 Nhà máy lọc dầu trong nước

📌 Dịch vụ kỹ thuật dầu khí biển sâu



📊 Tổng hợp nhanh Murphy Oil tại Việt Nam



Thông số Giá trị

Khu vực hoạt động Bể Cửu Long

Khoảng cách ngoài khơi ~65 km

First Oil Lạc Đà Vàng Q4/2026

Peak Output 10.000–15.000 BOEPD

Trữ lượng Hải Sư Vàng >430 MMBOE

Dầu API 37–38

Đầu tư 2026 ~200 triệu USD

Sản lượng mục tiêu 2030 30.000–50.000 BOEPD



Thông tin tổng hợp từ báo cáo Murphy Oil và các nguồn thị trường năng lượng quốc tế.



#MurphyOil #DầuKhí #LạcĐàVàng #HảiSưVàng #PVN #BiểnĐông #NăngLượngViệtNam #KinhTế #CôngNghệDầuKhí 🌿🤔💖