PVN receives high praise from Deputy Prime Minister

Friday, Sep 11, 2020

The Viet Nam Oil and Gas Group (PVN) needs to master oil and gas exploration and exploitation at home and abroad to help ensure national energy security and be an economic leader in the country.

PetroVietnam explores oil and gas reserves

Thursday, Jul 30, 2020

Exploration findings at Ken Bau-2X in 2020 and Ken Bau-1X in 2019 affirmed the existence of oil and gas reserves in the area and adjacent blocks.

Vietsovpetro earns US$1.89 billion in revenue, exceeding goal

Friday, Dec 15, 2017

The Viet Nam-Russia oil and gas exploration joint venture (Vietsovpetro), on Thursday, announced that it has earned more than US$1.89 billion, exceeding its target of $1.88 billion set for 2017.

Viet Nam, Russia foster oil, gas co-operation

Friday, Mar 17, 2017

Deputy Prime Minister Trinh Dinh Dung has called for stronger co-operation between Viet Nam and Russia in energy, especially in oil and gas exploration and exploitation.

Vietsovpetro’s revenue down 28%

Friday, Dec 30, 2016

Russia and Viet Nam’s oil and gas exploration joint venture Vietsovpetro has exploited five million tonnes of crude oil in 2016.  

Vietsovpetro opens new gas field

Friday, Dec 09, 2016

The Russia - Viet Nam oil and gas exploration joint venture, Vietsovpetro, announced completion of the initial drilling and perforation on their Thien Ung gas field on December 6, 2016.

Gas, condensate found off southern Viet Nam coast

Friday, Aug 22, 2014

Three companies on August 20 announced the discovery of gas and condensate in the fourth well in Blocks 05-1b and 05-1c off the southern Viet Nam coast.

Banks loan $150m for offshore oil and gas exploration

Wednesday, Dec 25, 2013

PetroVietnam Exploration and Production Corporation (PVEP) on Monday signed a credit contract worth US$150 million with Vietcombank and Seabank for oil and gas exploration and production in the technically difficult Blocks 10 and 11-1.