PV Drilling supplies jack-up rig for Korean firm Business

PV Drilling supplies jack-up rig for Korean firm

The Petrovietnam Drilling and Well Service Corporation (PV Drilling) will supply a jack-up rig for drilling operations by the Republic of Korea’s SK Innovation Co. Ltd (SKI) at Lot 16-2 in Vietnam’s offshore area.
Petrovietnam sets new records in revenue, pre-tax profit Business

Petrovietnam sets new records in revenue, pre-tax profit

By the end of November, the Vietnam Oil and Gas Group (Petrovietnam) had completed all targets of finance and oil and gas exploitation and production in 2022 ahead of schedule, and set new records in revenue and pre-tax profit, according to its General Director Le Manh Hung.
PetroVietnam negotiates with Algeria for 2nd phase of oil & gas joint venture Business

PetroVietnam negotiates with Algeria for 2nd phase of oil & gas joint venture

A delegation of the Vietnam Oil and Gas Group (Petrovietnam) led by Chairman of Members' Council Hoang Quoc Vuong had a working session on November 7 with representatives from relevant agencies of Algeria to speed up the implementation of the second phase of a tripartite joint venture project at the Bir Seba field in the African country.
Thi Vai LNG project reaches 97% completion Business

Thi Vai LNG project reaches 97% completion

The one-million-tonne Thi Vai LNG storage project invested by Petrovietnam Gas Joint Stock Corporation (PV GAS) has reached 97.08% of the progress, with a total safe time of more than 2.73 million hours and no occupational accidents during project implementation.
PetroVietnam endeavours to ensure energy supply Business

PetroVietnam endeavours to ensure energy supply

The Vietnam Oil and Gas Group (PetroVietnam) has made every effort to ensure electricity, gas and petroleum supplies in the context of market tension, affirming its pivotal role in the country's economy.
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%.
Digital transformation helps PV GAS improve competitiveness Sci-Tech

Digital transformation helps PV GAS improve competitiveness

The Petrovietnam Gas Joint Stock Corporation (PV GAS) - a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has over the recent past sped up digital transformation with the aim of promoting efficiency of its production and business, and increasing competitiveness.
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.