In 2019, Vietsovpetro put two oil rigs into operation, meeting its target to expand exploitation areas.
Vietnam Oil and Gas Group (Petro Vietnam or PVN) plans to reduce its ownership of Petro Vietnam Gas Joint Stock Company (PV Gas) from the current 97 per cent to 65 per cent.
The beautiful landscapes of Việt Nam’s sea and islands of Việt Nam, lives of islanders and the marine economy are featured in an exhibition that opened on Thursday in Hà Nội.
Deputy Prime Minister Trịnh Đình Dũng has called for stronger co-operation between Việt Nam and Russia in energy, especially in oil and gas exploration and exploitation.
Russia and Việt Nam’s oil and gas exploration joint venture Vietsovpetro has exploited five million tonnes of crude oil in 2016.