Algiers, April 20 -- Vietnam is stepping up its global energy engagement as it participates in an international bidding round for oil and gas exploration in Algeria. The launch ceremony, held on April 19 at the International Conference Centre in Algiers, was organised by Algeria's National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT), marking the opening of bids for exploration rights across seven oil and gas blocks. The event drew participation from major global energy companies, including Petrovietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam National Industry - Energy Group (Petrovietnam). ALNAFT described the Bid Round as a key step in Algeria's national strategy to enhance resource effici...
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