Vietnamplus

Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.

It is a must to ensure energy self-sufficiency and balance in any circumstances, meeting energy demand in production, business, national defence and security, and other activities, Prime Minister Pham Minh Chinh said while chairing a working session with the Vietnam Oil and Gas Group (PetroVietnam) in Hanoi on March 16.

General Director of the Vietnam Oil and Gas Group (PetroVietnam) Le Manh Hung recently chaired a meeting to update the firm’s scientific research programme for 2021 - 2025.

The Indonesian government will invest 246.26 trillion rupiah (17.59 billion USD) to implement upstream and downstream oil and gas projects in 2021, Director General of Oil and Gas at the Ministry of Energy and Mineral Resources Tutuka Ariadji said on January 18.

The Vietnam Oil and Gas Group (PetroVietnam) sustained its production and business activities in the first eight months of 2020 despites many oil and gas firms around the world struggling with the “dual crisis” of COVID-19 and prolonged low oil prices.

Throughout the course of development of the Vietnam Oil and Gas Group, education-popularisation work has always received due attention, helping encouraging and fostering patriotism and work dedication among generations of engineers, workers and other employees in the industry.

The Vietnam Oil and Gas Group (PetroVietnam) has reported that its exploitation of crude oil in the first quarter of 2020 exceeded the target by 10 percent.

PV DRILLING V in the East Sea is considered the most modern TAD drilling rig in the world at present with many new, modern and complicated equipment and technology industry.

Vietnam Oil and Gas Group (PetroVietnam) and its subsidiaries made great efforts to safely and effectively implement the Bien Dong project No.1, which is said to be a miracle of the country’s oil and

Boasting great potential of marine economy in terms of natural resources, transport, fisheries, tourism and coastal economic zones, Vietnam has set the target to become a powerful marine nation, which meets all standards on sustainable development of sea-based economy.

A ceremony to mark the 60th anniversary of President Ho Chi Minh’s visit to Baku, capital of Azerbaijan, was held in Hanoi on July 2.

Prime Minister Nguyen Xuan Phuc recently approved changes to a general plan for Vung Tau city in the southern province of Ba Ria-Vung Tau towards 2035.

Indonesia should shift to using renewable energy in the context that the country’s oil and gas industry is facing difficulties, according to The ASEAN Post.

It is time to make amendments to the current Law on Petroleum to legally facilitate the development of Vietnam’s oil and gas industry and implement the strategy for sustainable development of the maritime economy until 2030 and with a vision towards 2045.

PetroVietnam Drilling and Well Services Corporation (PV Drilling) under the Vietnam Oil and Gas Group (PVN) has seen robust signs in its business activities when prices of crude oil improve and the oil drilling market becomes warmer.

There would be more auctions of shares from oil and gas companies in the second half of 2016 under the directives of the Government on equitisation of State-owned enterprises.