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.
In face of a global economic downturn, especially adverse fluctuations of oil prices, subsidiaries of the Vietnam Oil and Gas Group (Petrovietnam) have flexibly taken measures to adapt to market volatility and boost production and business activities.
The Petrovietnam Exploration Production Corporation (PVEP)’s oil output reached 1 billion barrels on Febraury 8, marking a new milestone in its 35-year development journey.
The PetroVietnam Exploration Production Corporation reported total revenue of nearly 1.45 billion USD in the first nine months of 2022, surpassing its 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%.
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.
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.
The PetroVietnam Exploration Production Corporation (PVEP) has sold 830 million cu.m of gas so far, fulfilling its yearly goal 123 days ahead of schedule.
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.
The PetroVietnam Exploration Production Corporation (PVEP) contributed over 7.99 trillion VND (over 344,66 million USD) to the State budget in the first five months of 2022, surpassing the target by 92 percent.
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.
The PetroVietnam Exploration Production Corporation (PVEP) plans to produce an estimated 0.23 million tonnes of oil equivalent, including 0.18 million tonnes of oil and condensate and 54 million cu.m of gas, this month.
Since 2015, Vietnam has seen consecutive declines in oil and gas output and exploitation plan. What're reasons behind the situation and solutions to the problem?
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.
The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of 14.35 trillion VND (623.59 million USD) in the first six months of 2021, equivalent to 144 percent of its target.
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), contributed nearly 2.3 trillion VND (99.8 million USD) to the State budget in the first four months of 2021, or 43 percent higher than the set plan.
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has surpassed all of its business goals in the first quarter of 2021, with contribution to the State Budget particularly 41 percent higher than the year’s plan.
PetroVietnam Exploration Production Corporation (PVEP) said it has rolled out measures synchronously to stabilise production and combat the COVID-19 pandemic, thus ensuring safety for its employees and oil and gas projects.
The PetroVietnam Exploration Production Corporation (PVEP) will invest about 380 million USD in exploring, exploiting and developing new oil fields this year, according to Deputy General Director Hoang Ngoc Trung.
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.
Business
