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The superstructure of BK-21 Wellhead Rig at Bach Ho field has been successfully launched

11:35 |04/09/2020

On September 1, 2020, as scheduled, the Construction Enterprise (under Vietsovpetro - the Vietnam - Russia Joint Venture) successfully launched the superstructure of BK-21 Wellhead Rig at Bach Ho (White Tiger) field.

Signing the Gas Purchase Agreement from Su Tu Trang Field (phase 2A)

05:45 |02/09/2020

Vietnam Oil and Gas Group (PVN) informed that on August 31, 2020, in Hanoi, PVN held a signing ceremony for gas purchase agreement (GPA) from Su Tu Trang (White Lion) field, Lot 15-1 (phase 2A).

The Regulations on administrative punishing in the oil and gas sector in Vietnam

05:45 |02/09/2020

The Government has just issued Decree No. 99/2020/ ND-CP on the regulations to punish the administrative violations in the petroleum relevant activities (searching, exploring, exploiting and trading petroleum). The Decree stipulates the maximal administrative violation ...

BIENDONG POC has completed the plan for condensate exploitation in 2020

07:04 |01/09/2020

The East Sea Petroleum Operating Company (BIENDONG POC) informed that at 9:00 am on August 27, 2020, the company has officially finished 100% of the plan for condensate exploitation in 2020 with an "Early Finish" ...

BSR has successfully processed Sokol crude oil

08:01 |12/08/2020

Binh Son Refining and Petrochemical Joint Stock Company (BSR) informed: Dung Quat Oil Refinery has just finished the successful test processing Sokol crude oil - marking an important milestone in diversifying crude oil with stable ...

Ken Bau field - a Historical Discovery of Vietnam's oil and gas industry

08:08 |11/08/2020

Eni Vietnam B.V Operator has carried out 2 seam space test, collecting extensive data on fluid samples showing significant hydrocarbon accumulation at the Ken Bau discovery, estimated from 7 to 9 trillion cubic feet (TCF) ...

Thien Ung field has reached a gas production milestone of 500 million m3

08:07 |06/08/2020

At 1 hour and 15 minutes on August 2, 2020, Vietsovpetro officially marked the event that, after about 4 years- operation (1,322 days) from the date (December 12, 2016) of receiving the first gas follow ...

For the first time, the 'reserve offset' factor of PVN has reached 1.19 times since 2016

08:13 |14/07/2020

Information from the Vietnam Oil and Gas Group (PVN) said: With the drastic implementation of "The package of solutions to cope with the double impact of the Covid-19 pandemic and deeply falling oil prices", in ...

PVN adjusted the budget for oil and gas investment in 2020

08:41 |10/07/2020

In response to the 'double impact' caused by the Covid-19 epidemic and the sharp decline in oil prices, the Vietnam Oil and Gas Group (PVN) has proactively made the plans to adjust the Program of ...

PVN sets the target for "stable development" even when oil price falling to 30 USD / barrel

13:00 |11/06/2020

At the Party Congress of the Vietnam Oil and Gas Group (PVN) in 2020-2025 term, on June 9,2020, in Hanoi, Mr. Le Manh Hung - PVN General Director proposed a target to decrease ...

Approving the planned targets on production, business and development investment of PVN in 2020

07:58 |29/05/2020

The State Capital Management Committee at Enterprises has just issued the Decision No. 237 / QD-UBQLV dated May 21, 2020 on approving the planned targets on production, business and development investment of Vietnam Oil and ...

The Prime Minister and Deputy Prime Ministers take measures to remove difficulties for PVN

08:22 |25/05/2020

Understanding the Covid-19 pandemic and the sharp decline of oil prices greatly affected the production and business activities of Vietnam Oil and Gas industry, Prime Minister (PM) Nguyen Xuan Phuc has asked the ministries and ...

Successful launching the base of BK-21 wellhead rig at White Tiger field

08:28 |15/05/2020

On 13/5/2020, at the manufacturing site, the Enterprise for Constructing, Surveying and Repairing Petroleum Exploitation Projects (Construction Enterprise) has successfully launched the base of BK-21 uninhabited wellhead rig for White Tiger field to VSP-05 barge.

The PVN has a plan to invite 1,600 international petroleum experts to Vietnam

08:08 |07/05/2020

In the near future, Vietnam Oil and Gas Group (PVN) has a plan to invite 1,600 international high-tech oil and gas experts to Vietnam to carry out the key projects deploying in situation of Covid-19 ...

Why PVN can’t buy oil at “bottom price” for reserve?

14:50 |23/04/2020

According to Vietnam Oil and Gas Group (PVN), it is not feasible to buy oil with “bottom price” because we do not yet have mechanisms and policies on risks for this activity (buying oil at ...

The tasks of the national infrastructure planning project for gasoline and gas reserve and supply

08:25 |16/04/2020

The Deputy Prime Minister (DPM) Trinh Dinh Dung has just signed a decision on approving the tasks of the national infrastructure planning project for gasoline and gas reserve and supply in period of 2021-2030, with ...

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