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Vietnam Energy Forum
pvn has finished 2019 target of turnover and profit plan

PVN has finished 2019 target of turnover and profit plan

Vietnam Oil and Gas Group (PVN) informed that by the end of October 2019, most of the production targets in 2019 of the group was exceeded; 2019 plan on increasing oil and gas reserves has been completed; the activities on seeking, exploring and exploiting oil and gas were carried out accordingly to the plan; and in the first 10 months of 2019, PVN excellently finished the plan of turnover and profit for the whole year of 2019.
6 month profit of pv drilling is estimated at vnd 1100 billion

6-month profit of PV Drilling is estimated at VND 1,100 billion

Revenue is estimated at over 8,000 billion VND and profit after tax for shareholders reached 1.100 billion VND, reduced 19% and 17% respectively over the same period, the PetroVietnam Drilling & Well Services Corporation (PV Drilling) said.