State-run energy group Petrovietnam on Friday signed an engineering procurement and construction (EPC) contract for the Ô Môn 4 thermal power plant, marking a significant step in the development of the flagship gas-to-power Block B – Ô Môn project.
Việt Nam’s stated-owned oil and gas group PetroVietnam on Friday has officially celebrated the first commercial oil flow from the Đại Hùng oilfield Phase 3 project, underscoring the domestic capacity in energy development towards a new era.
PVCFC was the only fertiliser company in Việt Nam to achieve "Level Two System Status" in Australia as of 2024 and has since advanced to Level One by 2025.
The agreement focuses on collaboration in research, training, innovation, transforming green production and the development of products serving the semiconductor, new energy, electronics and automation industries.
PVEP aims to deepen ties with its partners to speed up new contract packages and tap new wells in the second phase, targeting higher output. The company also plans to pursue new deals in promising Algerian blocks to expand its...
Chairman of the Board of Directors of Petrovietnam Lê Mạnh Hùng emphasised the group''s determination to mobilise all resources, including support from the Government, to expedite the project.
Petrovietnam''s earned a total revenue of VNĐ736.5 trillion and contributed VNĐ115.2 trillion to the State budget in the first nine months of 2024, surpassing its annual targets by three to four months.