PVEP targets 1.8 million tonnes of oil equivalent in H2 Business

PVEP targets 1.8 million tonnes of oil equivalent in H2

The PetroVietnam Exploration Production Corporation (PVEP) – a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam) - is targeting to exploit 1.8 million tonnes of oil equivalent in the second half of this year, the corporation has announced.
PVEP’s revenue exceeds yearly plan by 35% Business

PVEP’s revenue exceeds yearly plan by 35%

The PetroVietnam Exploration Production Corporation (PVEP) reported total revenue of 34.5 trillion VND (nearly 1.45 billion USD) in the first nine months of 2022, surpassing the yearly plan by 35%.
PVEP’s Block 01&02 earns 1.2 billion USD in five years Business

PVEP’s Block 01&02 earns 1.2 billion USD in five years

Petrovietnam Exploration Production Corporation (PVEP), a subsidiary company of the Vietnam Oil and Gas Group (Petrovietnam), has raked in revenue of more than 1.2 billion USD over the course of five years from what have been dubbed Blocks 01 and 02.
PVEP and the path to becoming leading international oil and gas firm Business

PVEP and the path to becoming leading international oil and gas firm

The Petrovietnam Exploration Production Corporation (PVEP), a subsidiary company of the Vietnam Oil and Gas Group (PetroVietnam), has grown into a leading international oil and gas firm, according to Dr. Nguyen Quoc Lap, Vice President of the Vietnam Petroleum Association and former General Director of PVEP.
Comprehensive revisions needed for Petroleum Law Business

Comprehensive revisions needed for Petroleum Law

After nearly 30 years of enforcement, the Petroleum Law now needs revisions to be in line with international practices and Vietnam’s energy development strategy and create momentum for the oil and gas industry’s development.
PVEP exceeds numerous set targets in Q1 Business

PVEP exceeds numerous set targets in Q1

The PetroVietnam Exploration Production Corporation (PVEP) has fulfilled its yearly profit target for 2022 by the end of the first quarter of the year, earning an estimated 5,892 billion VND (nearly 258 million USD) in pre-tax profit, up 117 percent year-on-year and surpassing the yearly plan by 2 percent.
PVEP fulfils state budget contribution goal Business

PVEP fulfils state budget contribution goal

The PetroVietnam Exploration Production Corporation (PVEP), has surpassed all of its business goals, with the contribution to the State Budget 7 percent higher than the year’s plan.
PVEP fulfils crude oil exploitation target Business

PVEP fulfils crude oil exploitation target

The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), had fulfilled its target of exploiting 2.2 million tonnes of crude oil and selling 1.15 million cu.m of gas for the whole year as of December 25.