Pharos CEO Jann Brown
Pharos plays the Vietnam long game
The UK-headquartered company aims to benefit from its established position in the Southeast Asian nation
London-listed independent Pharos Energy has “high netback, rapid-payback production” from its assets in Vietnam, the firm’s CEO Jann Brown tells Petroleum Economist. It may therefore be no surprise that the firm is planning to get busy there, aiming to drill three wells in Vietnamese waters this year. Two will be on the Te Giac Trang (TGT) field and another on the smaller Ca Ngu Vang (CNV) field, with the goal of sustaining production and extending Pharos’ operating licences in the country. “We are tendering for the rig for the TGT wells right now, and CNV will be drilled by the same rig at the end of that programme,” says Brown. “We have high netback, rapid-payback production” Brown,
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
