Vietsopetro aims to exploit 6.3 million tonnes of oil
The Vietsopetro joint venture has invested hundreds of millions of dollars in modern drilling rigs, hoping to pump 6.3 million tonnes of oil in 2011.
In addition, the joint venture is using advanced technology to explore for gas and condensate in deep-water mines.
Since it was established 30 years ago, Vietsopetro has exploited 193 million tonnes of oil and 23 billion cubic metres of gas, ensuring Vietnam’s energy security and contributing billions of dollars to the state budgets of Vietnam and Russia.
Dang Minh Hong, secretary of Vietsopetro’s Party Committee, said it was crucial for Vietsopetro to explore new oil fields.
Vietsopetro is making every effort to fulfill its assigned tasks and contribute to protecting the country’s sovereignty over its sea and islands, he said.
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