PVEP posts VND3.5 trillion profit

Tuesday, Dec 26, 2017

PetroVietnam Exploration and Production Corporation (PVEP) has estimated after-tax profit of VND3.5 trillion (US$154.1 million) in 2017.

PVEP's joint venture records 10 millionth oil barrel in Algeria

Wednesday, May 10, 2017

PetroVietnam Exploration and Production Corporation (PVEP) on Monday recorded its 10 millionth oil barrel at Block 433a & 416b of the Bir Seba mine in the Sahara Desert, Algeria.

VN, Myanmar ink oil deal

Friday, Apr 03, 2015

The PetroVietnam Exploration and Production Corporation (PVEP) has signed a production-sharing contract (PSC) for blocks MD2 and MD4, off the coast of Myanmar, with its Myanmar partner.

PVEP puts more oilfields into operation

Wednesday, Jun 11, 2014

Lam Son Joint Operating Company (Lam Son JOC) is bringing ashore 8,000 barrels of crude oil per day from its Thang Long oilfield off the southern continental shelf of Viet Nam.

Banks loan $150m for offshore oil and gas exploration

Wednesday, Dec 25, 2013

PetroVietnam Exploration and Production Corporation (PVEP) on Monday signed a credit contract worth US$150 million with Vietcombank and Seabank for oil and gas exploration and production in the technically difficult Blocks 10 and 11-1.

PVEP strikes first oil at Malaysia well

Wednesday, Aug 07, 2013

PetroVietnam Exploration and Production Corporation (PVEP) has welcomed the first oil stream from West Desaru 1 oil well it is exploring under a joint project in Malaysia.