Topic: Petrovietnam

The new bidding round invites partners to explore offshore blocks under Vietnam’s updated Law on Petroleum.

The group expected to contribute 8% to the national GDP.

Petrovietnam's subsidiary, PTSC, also signed a cooperation agreement with Excelerate Energy in the liquefied natural gas (LNG) sector

Amidst geopolitical shifts and a focus on renewables, Prime Minister Pham Minh Chinh met with the head of Russia's Zarubezhneft to bolster their decades-long oil and gas cooperation and discuss potential wind energy ventures.

Signing of MoU signifies partnership between Vietnam’s foremost State-owned economic group in the energy sector and Denmark’s CIP, a leading global investor and developer of renewable energy projects.

Clean energy helping to ensure sustainable economic growth.

Rig capable of drilling wells at a maximum water depth of 121 meters and a total depth of 9,000 meters.

PetroVietnam targets generating 24 billion kWh of electricity in 2023.

The Vietnam Oil and Gas Group (PetroVietnam) has proposed that the government invest in a refinery and petrochemical complex and a national reserve of crude oil and petroleum products at the Long Son Petroleum Industrial Park in southern Ba Ria-Vung Tau province with total investment of $17-18.5 billion. Completion is expected in 2027.