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(PetroVietnam)

VN oil giant plugs into future with 10 billion electricity offshore cable deal

VN oil giant plugs into future with $10 billion electricity offshore cable deal

PVS and LSEE has recently signed a joint development agreement to cooperate in investing, constructing, developing and operating a high-voltage offshore cable factory in Việt Nam.
Petrovietnam disburses over 942 million in investment in 7 months

Petrovietnam disburses over $942 million in investment in 7 months

Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market.
Petrovietnam and SOVICO sign comprehensive cooperation agreement

Petrovietnam and SOVICO sign comprehensive cooperation agreement

Petrovietnam and Sovico Group have signed a comprehensive cooperation agreement to boost competitiveness and support Việt Nam’s sustainable growth.
Petrovietnam sets sights on global Top 5 with ambitious green growth agenda

Petrovietnam sets sights on global Top 5 with ambitious green growth agenda

At the congress, Prime Minister Phạm Minh Chính praised Petrovietnam’s achievements, saying the group had become a model for transformation, resilience and innovation across the State-owned enterprise sector.
Institutional and financial barriers slow energy transition

Institutional and financial barriers slow energy transition

Themed ''Energy Transition: Vision and Action'', the forum focused on Việt Nam’s need to stay competitive in the global green supply chain while adapting to climate change.
Petrovietnam, Vinatex strengthen local supply chain for textiles, petrochemicals

Petrovietnam, Vinatex strengthen local supply chain for textiles, petrochemicals

This move aims to strengthen the domestic supply chain for petrochemicals, fibres and textiles and enhance the competitiveness of Việt Nam’s garment industry.
First oil achieved at Kình Ngư Trắng - Kình Ngư Trắng Nam project

First oil achieved at Kình Ngư Trắng - Kình Ngư Trắng Nam project

The project, located in Block 09-2/09, offshore in the Cửu Long Basin off the southern coast of Việt Nam, was completed one day ahead of schedule, meeting all technical and safety standards. 
Petrovietnams investment disbursement increases over 30% in H1

Petrovietnam’s investment disbursement increases over 30% in H1

Petrovietnam’s production highlights in the first half of this year included 4.82 million tonnes of crude oil extracted, 2.99 billion cu.m of natural gas, 16.65 billion kWh of electricity, up 8 per cent year-on-year.
Fertiliser exports – bright spot for Petrovietnam Ca Mau Fertiliser JSC in H1

Fertiliser exports – bright spot for Petrovietnam Ca Mau Fertiliser JSC in H1

Fertiliser products of the PVCFC are now available in over 20 countries, including demanding markets such as Australia and New Zealand.
PTSC hands over 33 offshore wind power foundations to Danish investor

PTSC hands over 33 offshore wind power foundations to Danish investor

This is an important milestone as it marks the first time the PTSC has successfully manufactured and exported large-scaled wind power foundations.
Petrovietnam listed among Southeast Asias largest companies

Petrovietnam listed among Southeast Asia's largest companies

This marks the first time Petrovietnam has appeared in a regional and international Fortune ranking.
VN kicks off construction of key thermal power plant

VN kicks off construction of key thermal power plant

State-run energy group Petrovietnam on Friday signed an engineering procurement and construction (EPC) contract for the Ô Môn 4 thermal power plant, marking a significant step in the development of the flagship gas-to-power Block B – Ô Môn project.
Rig incident at Sông Đốc oilfield contained, no environmental impact

Rig incident at Sông Đốc oilfield contained, no environmental impact

Emergency crews contained the incident within 30 minutes, with no impact on other oil and gas operations, the field operator said.
Petrovietnam exceeds key targets in four months

Petrovietnam exceeds key targets in four months

Petrovietnam delivered strong results in the first four months of 2025, exceeding most key production targets despite global market headwinds.
Petrovietnam marks first oil from Đại Hùng phase 3

Petrovietnam marks first oil from Đại Hùng phase 3

Việt Nam’s stated-owned oil and gas group PetroVietnam on Friday has officially celebrated the first commercial oil flow from the Đại Hùng oilfield Phase 3 project, underscoring the domestic capacity in energy development towards a new era.