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Nghi Son refinery to contribute over 342 million USD to State budget

14:00 |28/11/2018

The Nghi Son refinery plant in the Nghi Son Economic Zone of the central province of Thanh Hoa, is expected to contribute about 8 trillion VND (342.6 million USD) to the State budget in

PVN production has been exceeded the plan

09:16 |10/11/2016

According to the report of Vietnam Oil and Gas Group (PVN) announced on November 8, 2016, in 10 first months PVN has increased reserves of 10 million tons of equivalent oil (equal to 55.6% of ...

Approving non-benefit management mechanism for Song Doc Field

16:13 |08/11/2016

Vice Prime Minister (VPM) Trinh Dinh Dung has officially approved ‘Non-benefit operating mechanism for Song Doc Field’. It is a special milestone on the management mechanism of oil and gas exploration and exploitation in history ...

PVN signed the principle contract to supply imported coal for PV Power thermal power plants

19:53 |06/11/2016

On November 2, 2016 in Hanoi, the Vietnam Oil and Gas Group (VN) in collaboration with the PetroVietnam Power Corporation (PV Power) held a cerymony to sign the principle contract to supply imported coal for ...

Vietnam to self-control petroleum rig technology

20:52 |29/10/2016

Tam Dao 05 lift off rig with a localization rate of 39% as a largest offshore project made in Vietnam so far can operate in condition of above 12 degree storm. After 30 month ...

Signing the service contracts for Dai Hung and Thien Ung oil and gas fields

09:04 |22/10/2016

The service contracts on treatment of Dai Hung gas, and operation & maintenance of Dai Hung gas compressing system on Thien Ung rig have been signed between Vietsopetro (VSP) and PetroVietnam Exploration Production Corporation ...

PVN production rate is stable in fluctuation of oil prices

10:23 |07/10/2016

“Oil prices reduced and maintained at a low level make a lot of difficulties for the petroleum searching, exploring and exploiting companies to deploy exploring projects; for the processing companies to compete with import products; ...

GE Oil & Gas University held its first localized training course in Vietnam

11:24 |05/10/2016

In Ho Chi Minh city, Vietnam, October 4th, 2016, 26 young, high potential oil & gas professionals from PetroVietnam have been given a unique opportunity to further develop their skills through the GE Oil ...

The Oil and Gas Vietnam Exhibition 2016 (OGAV) will be held in Vung Tau

21:06 |02/10/2016

From 18-20 October 2016, Oil and Gas Vietnam (OGAV) 2016 will be held at Pullman Conference Centre & Events, Vung Tau City, Vietnam.This is the greatest platform for expanding business partnership as well as updating ...

Government assigns PVN to exploit additional 1 million tons of oil in 2016

09:37 |29/09/2016

According information from Vietnam oil and gas Group (PVN) "The Government has assigned PVN to exploit additionally one million tons of oil in 2016. While PVN annual average oil exploiting production is about 16 million ...

Binh Son Oil Refinery Company have been allowed self-control in price mechanism

15:33 |09/09/2016

The Prime Minister allows Binh Son Single Member Ltd – The Dung Quat Oil Refinery Management Company to have the self-control in price mechanism for import oil competition.

Nam Con Son Gas System has reached a milestone of 70 billion cubic meters of the gas

08:46 |01/09/2016

On August 24, 2016 Nam Con Son Gas Pipeline Company, in the development history of the company, reached a new milestone of successful receiving, transmitting and treating 70 billion cubic meters of the gas through ...

Launching the under-frame of Tho Trang rig 3

09:35 |26/08/2016

On August 22, 2016, at the Vietnam-Russia Joint Venture Port, Petroleum Equipment Assembly and Metal Structural JSC (PVC-MS, stocks code: PXS) has successfully launched the under-frame of Tho Trang (White Rabbit) rig 3 invested by ...

MoU signing between PVEP and Schlumberger Limited

09:57 |23/08/2016

In Hanoi, PetroVietnam Exploration Production Corporation (PVEP) has signed a Memorandum of understanding (MoU) on technical alliance with Schlumberger Limited.

PVN expects to reach target despite low global oil prices

11:14 |18/08/2016

The Vietnam National Oil and Gas Group (PVN) earned 253 trillion VND (11.3 billion USD) in revenue and paid 50.7 trillion VND to the State budget in the first seven months of this year.

Vietsovpetro will exploit 5 million tons of oil in 2016

15:26 |13/08/2016

The 46th session of vietsovpetro joint venture council has recently finished successully witha target to fulfill crude oil exploitation plan of no less than 5,040 million tons in 2016.