viet thai algeria project bir seba oil finally begins flowing to processing facility

Viet-Thai-Algeria project: Bir Seba oil finally begins flowing to processing facility

The first oil flow from the Bir Seba oil field, a joint project between Vietnamese, Thai and Algerian companies, was pumped into the central processing facility in Algeria on August 12, said deputy director of the PetroVietnam Exploration Production Corporation (PVEP) Ngo Huu Hai.
pv gas posco sign gas processing contract

PV Gas, Posco sign gas processing contract

PetroVietnam Gas Corporation (PV Gas) and a joint venture of South Korea's Posco Engineering Co Ltd., along with PetroVietnam Technical Services Corporation (PTSC), signed an engineering, procurement and construction (EPC) contract on August 13 for the VND5.5 trillion ($248.81 million) first stage construction of the Ca Mau Gas Processing Plant.
petrovietnam to divest from pvcombank

PetroVietnam to divest from PVcomBank

The Viet Nam Oil and Gas Group (PetroVietnam) will divest its holding in the Viet Nam Public Bank (PVcomBank) this year, a government's press conference was told last Friday.
pvfcco central lists on hnx

PVFCCo Central lists on HNX

PVFCCo Central, a subsidiary of the PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo), officially listed on the Ha Noi Stock Exchange (HNX) on July 23.
pm dismisses petrovietnam chairman

PM dismisses PetroVietnam chairman

Prime Minister Nguyen Tan Dung has decided to remove Nguyen Xuan Son from the post of the Chairman of the Viet Nam Oil and Gas Group (PetroVietnam).
petrovietnam boosts cooperation with murphy oil corporation exxonmobil

Petrovietnam boosts cooperation with Murphy Oil Corporation, ExxonMobil

The Viet Nam National Oil and Gas Group (Petrovietnam) and Murphy Oil Corporation signed a memorandum of understanding (MoU) on July 8 to boost cooperation in oil and gas projects.
petrovietnam launches two key projects on phu quoc

PetroVietnam launches two key projects on Phu Quoc

The Viet Nam National Oil and Gas Group, better known as PetroVietnam, on Sunday launched a synthetic oil service port system and a bonded fuel warehouse on Phu Quoc Island in the southern province of Kien Giang.
pvn gazprom agree new deal

PVN, Gazprom agree new deal

PetroVietnam and Russian energy company Gazprom signed an agreement on major terms and conditions for developing two fields in Nagumanovskoye (Orenburg Region) and Severo-Purovskoye (Yamal-Nenets Autonomous Area).
petrovietnam acquires chevrons assets in vietnam

PetroVietnam acquires Chevron’s assets in Vietnam

State-run oil and gas group PetroVietnam last week announced its complete acquisition of US’ Chevron-owned assets and rights in three gas developments in Vietnam, after almost one and a half years of negotiations on the foreign partner’s pull-out.
pvfcco signed epc contract to expand phu my nh3

PVFCCo signed EPC contract to expand Phu My NH3

PetroVietnam Fertilizer and Chemicals Corporation, the producer and trader of Phu My fertilisers together with the contractor consortium of Technip Group, ThyssenKrupp Industrial Solutions and Petrovietnam Technical Services Corporation (PTSC) last weekend signed the Engineering, Procurement, Construction and Commissioning (EPC) contract for Phu My NH3 (revamping) – NPK Complex.
petrovietnam achieves satisfactory results

PetroVietnam achieves "satisfactory" results

Despite sharp declines in crude oil prices, the Viet Nam Oil and Gas Group (PetroVietnam) achieved satisfactory production and business results during the first five months of this year.
petrovietnam wins dispute over tax incentives

PetroVietnam wins dispute over tax incentives

Vietnam National Oil and Gas Group, better known as PetroVietnam, announced it has won a major tax incentive dispute over a production-sharing contract for a Vietnamese offshore oil concession.
gazprom petrovietnam to drill deep water well offshore

Gazprom, PetroVietnam to drill deep-water well offshore

Gazprom and Viet Nam Oil and Gas Group (PetroVietnam) will jointly drill block numbers 129 to 132 in the continental shelf of Viet Nam this year, said a press statement issued by Gazprom on May 6.
petrovietnam lilama to build new plant

PetroVietnam, Lilama to build new plant

The Viet Nam Oil and Gas Group (PetroVietnam) and the Viet Nam Machinery Installation Corporation (Lilama) signed a contract last Friday to develop the Song Hau 1 thermoelectric plant in the southern province of Hau Giang.
russia to take stake in dung quat oil

Russia to take stake in Dung Quat oil

Negotiations under which PetroVietnam will sell a 49 per cent stake in the Dung Quat refinery, the country's sole oil processing facility, to the Russian oil company Gazprom Neft are expected to be soon concluded.