US-based Murphy Oil Corporation plans to expand investment in Vietnam

by | Oct 16, 2025 | Asia

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During a meeting with Party General Secretary To Lam in Hanoi on October 15, the group’s President and CEO Eric Hambly says that it will accompany Vietnam in developing its oil and gas industry.

President and CEO of the US-based Murphy Oil Corporation
Eric Hambly reaffirmed the group’s commitment to expanding investment in Vietnam
during a meeting with Party General Secretary To Lam in Hanoi on October 15, according to a report from the Vietnam News Agency.

The group will accompany Vietnam in Vietnam in developing
its oil and gas industry, promoting technology transfer, and training
high-quality personnel, Mr. Hambly was quoted by the news agency as saying.

Party Chief To Lam welcomed the corporation’s plan to expand
and increase its investment in oil and gas exploration and production in
Vietnam and affirmed that Vietnam will continue to create favourable conditions
for foreign enterprises, including those from the US, to conduct business and
investment in the energy sector.

He urged the corporation to work closely with relevant
Vietnamese ministries, sectors, and partners to accelerate project
implementation, enhance technology and knowledge transfer, and strengthen
training for high-quality human resources, thereby making further contributions
to Vietnam’s development and to bilateral relations.

Viet Nam News Agency-Khánh Vân

Written By

Written by Albert Pham, News Curator and Blogger

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