pvep vietsovpetro sign oil and gas contract

PVEP, Vietsovpetro sign oil and gas contract

The Vietnam Oil and Gas Group (PetroVietnam) has signed a production-sharing contract (PSC) for Block 42 on the continental shelf waters of Vietnam with a consortium of contractors including PetroVietnam Exploration and Production Corporation (PVEP) and the Russia-Vietnam oil and gas joint venture, Vietsovpetro.
western bank to merge with petrovietnam finance

Western Bank to merge with PetroVietnam Finance

The merger between Western Bank and PetroVietnam Finance (PVF) is moving ahead after Western Bank released the merging scheme prior to its shareholder meeting this Saturday.
honeywell to help boost tech training

Honeywell to help boost tech training

The US-based firm Honeywell recently agreed with Vietnam National Oil and Gas Group and PetroVietnam University to open a new automation college in Hanoi to enhance the quality of Vietnam’s workforce.
petrovietnam looks to enhance co operation with global partners

PetroVietnam looks to enhance co-operation with global partners

PetroVietnam (PVN) will increase international co-operation in coming years and pay more attention to attracting foreign investment and exporting technical services, senior officials say.
petrovietnam seeks fund for the 9bn refinery

PetroVietnam seeks fund for the $9bn refinery

State-run PetroVietnam and its foreign partners are working on procedures to seek fund from international lenders for the construction of Vietnam’s massive Nghi Son oil refinery and petrochemical complex.
petrovietnam to ramp up divestitures

PetroVietnam to ramp up divestitures

PetroVietnam has been told to accelerate its equitisation process and pull capital from its affiliates.
anz has resources for firms to exploit

ANZ has resources for firms to exploit

ANZ Bank last week joined with other foreign banks to provide a $300 million loan to PetroVietnam Exploration Production Corp.
bank merger raises concerns

Bank merger raises concerns

Some business observers have expressed doubts about the efficacy of the merger between PetroVietnam Finance and Western Bank, the first merger ever between a finance company and a bank in Vietnam.
petrovietnams eye catching results

PetroVietnam’s eye catching results

Leading state energy group PetroVietnam has wrapped up 2012 with a bang.
petrovietnam finances dramatic profit u turn

PetroVietnam Finance’s dramatic profit U-turn

Vietnam’s biggest finance company, PetroVietnam Finance, is shrinking its profit target to one-tenth of its initial goal, reflecting the rippling consequence of bad debt issued in the local economy.
exciting time for the coffee bean tea leaf vietnam

Exciting time for The Coffee Bean & Tea Leaf Vietnam

The brand new store located at PetroVietnam Building in Ho Chi Minh City’s District 1, had its “Open House” opened today.
presidents brunei myanmar trip is a success

President’s Brunei-Myanmar trip is a success

Co-operation in oil and gas exploration and production is one of the 12 prioritised fields of co-operation between Vietnam and Myanmar, said State President Truong Tan Sang during his visit to the office of the PetroVietnam Exploration Production Corp (PVEP) before wrapping up his Myanmar trip on December 1.
10 years safe operation for block 061

10 years safe operation for block 06.1

Ten years of safe operation at a major offshore gas project, encompassing more than 27 million man-hours of recorded work, was recently celebrated by the three project’s three investors: TNK Vietnam, Indian National Oil Company and PetroVietnam Exploration and Production Corporation.
petrovietnam is on the hunt for heavyweight eu investment

PetroVietnam is on the hunt for heavyweight EU investment

PetroVietnam and European investors have got down to business to chew over potential investment opportunities.
petrovietnam calls for european investment

PetroVietnam calls for European investment

A seminar to call for European investment in five core fields of the Vietnam National Oil and Gas Group (PetroVietnam) took place in Hanoi on November 14.