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.
PVEP exceeds nine-month oil exploitation target Business

PVEP exceeds nine-month oil exploitation target

The PetroVietnam Exploration Production Corporation (PVEP) extracted 2.6 million tonnes of oil equivalent in the first eight months of this year, surpassing the target by 2 percent and equivalent to 68 percent of the yearly plan.
Oil and gas projects in central region implemented as scheduled Business

Oil and gas projects in central region implemented as scheduled

Oil and gas projects in the central region of Vietnam, including onshore and offshore ones, are being implemented by the consortium of contractors - ExxonMobil Corporation, Vietnam Oil and Gas Group (PetroVietnam) and PetroVietnam Exploration Production Corporation (PVEP) as scheduled.