Vietnam joins Algeria oil and gas bid round
The PetroVietnam Exploration Production Corporation on April 19 took part in Algeria’s international bidding round for seven oil and gas exploration blocks.
Vietnam joins int'l bidding for oil and gas exploration in Algeria
Currently, PVEP is involved in oil exploitation at Blocks 433a and 416b of the Bir Seba field in the Hassi Messaoud area, Ouargla province, located more than 600 km south of Algiers. The project stands as one of Petrovietnam’s most successful overseas ventures, demonstrating the operational capacity and technical expertise of Vietnamese engineers on the global stage.
Ba Ria-Vung Tau striving to reach goals
After more than 30 years of re-establishment, the southern province of Ba Ria-Vung Tau has developed into a growth pole of the national economy. This is a prerequisite for it to reach targets set in the resolution adopted at the 7th Provincial Party Congress.
FDI lays foundation for acceleration of oil and gas sector
Since the Vietnamese Government and Italian contractor AGIP signed the first production sharing contract in 1978, foreign direct investment (FDI) in the oil and gas sector has not only brought large revenue to the country but also laid important foundations for the sector to develop strongly.
PetroVietnam enjoys thriving business thanks to crude oil price hike
All the financial targets of the Vietnam National Oil and Gas Group (PetroVietnam) in the past nine months surpassed the plan thanks to the improvement in the price of crude oil, according to insiders.
PVEP surpasses oil and gas exploration, financial targets
The PetroVietnam Exploration Production Corporation (PVEP) has surpassed its oil and gas exploration and financial targets for the first half of this year.
Vietnam, Russia issue joint statement
Vietnam and Russia issued a joint statement on the occasion of President Tran Dai Quang’s official visit to Russia from June 28-July 1.
Oil & gas expo underway in Ba Ria-Vung Tau
The 4th Oil & Gas Vietnam (OGAV) 2016 exhibition opened in the southern province of Ba Ria-Vung Tau on October 18.
PM hails PetroVietnam’s contributions to national energy security
Prime Minister Nguyen Xuan Phuc has applauded the Vietnam National Oil and Gas Group (PetroVietnam) for its noted contributions to ensuring national energy security.
Vietsovpetro anticipates 5 million tonnes of crude oil in 2016
Vietsovpetro, a joint Vietnamese-Russian enterprise for oil and gas exploration, has set to exploit 5 million tonnes of crude oil and put into operation several oil fields in 2016.