Vietnamplus

Vietnam Oil & Gas Group (PetroVietnam) will head the ASEAN Council on Petroleum (ASCOPE) secretariat for the first time.

Norwegian companies have experience in the liquefied natural gas (LNG) industry, and they are ready to share knowledge and technology in this field with Vietnam, Ambassador of Norway Grete Lochen said at a seminar on November 4.

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.

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.

A memorandum of understanding (MoU) on cooperation in researching in the field of liquefied natural gas (LNG) and gas in Vietnam was signed between the Vietnam National Petroleum Group (Petrolimex) and the JXTG Tsutomu Sugimori Group of Japan in Hanoi on July 1.

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.

Vietnam’s oil industry needs to overcome four big challenges to maintain its position as a leading economic sector.

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.

As much as 7.45 trillion VND (320.5 million USD) were collected for the State budget from the initial public offerings (IPOs) of three member companies of the Vietnam Oil and Gas Group (PetroVietnam) in the first six months of 2018.

The Republic of Bashkortostan of Russia wants to promote trade cooperation with Vietnamese localities in many fields, especially in producing oil and gas, and agriculture, said President of Bashkortostan Rustem Khamitov.

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on November 29 held talks with Ivan Scalfarotto, Italian Deputy Minister of Economic Development who is leading a business delegation on a visit to the city.

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.

The oil and gas sector needs to adjust its production and business strategy so that it could compete with foreign rivals locally and internationally, said participants at a seminar in Hanoi on September 26.

Malaysian Prime Minister Najib Razak said he will direct authorised agencies to work with Vietnam on the signing of an agreement on fishery cooperation while meeting Vietnam’s Deputy Prime Minister Truong Hoa Binh on July 13.

The government’s goal to extract an additional 1 million tonnes of crude oil by the year’s end to meet its economic growth target is very challenging.

The Hoa Binh Construction & Real Estate Corporation (HBC) signed a cooperation agreement with HOT Engineering & Construction Company of Kuwait in Hanoi on May 19, as part of its strategy to expand into the Middle East.

Deputy Prime Minister Trinh Dinh Dung urged ministries, agencies and businesses to pay heed to sustainable development during a meeting in Hanoi on April 12.

The positive 2016 earning reports of over 90 percent of nearly 600 listed companies on the two national stock exchanges are providing a fresh impetus for the market.