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April 24, 1995 | Times Staff and Wire Reports
Mobil, Raytheon to Build Power Plant: The companies signed a memorandum of understanding with the Ministry of Energy and Electricity to build the 600-megawatt electric power plant near Ho Chi Minh City, in what would be an important step in developing the Southeast Asian country's natural gas industry. Fairfax, Va.-based Mobil Corp. will supply natural gas to power the generators, and Lexington, Mass.-based Raytheon Co. will design and build them. A final contract must still be signed.
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BUSINESS
April 24, 1995 | Times Staff and Wire Reports
Mobil, Raytheon to Build Power Plant: The companies signed a memorandum of understanding with the Ministry of Energy and Electricity to build the 600-megawatt electric power plant near Ho Chi Minh City, in what would be an important step in developing the Southeast Asian country's natural gas industry. Fairfax, Va.-based Mobil Corp. will supply natural gas to power the generators, and Lexington, Mass.-based Raytheon Co. will design and build them. A final contract must still be signed.
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BUSINESS
August 24, 1992 | From Reuters
Foreign companies have been busy drilling, bidding and shifting concessions in recent years in search of oil off Vietnam's coast, but none of the 18 wells sunk so far has produced commercial amounts of crude. "Vietnam has been very disappointing," Tony Bamford, general manager of Cairn Energy Vietnam, the local subsidiary of Scottish-based Cairn Energy, told Reuters recently.
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