Among 124 domestic enterprises featuring 283 products officially honoured with the title of 2020 Vietnam National Brands, five are subsidiaries of the Vietnam Oil and Gas Group (PetroVietnam).

The Vietnam – Russia oil and gas joint venture Vietsovpetro has reported that its oil and gas production during January-September surpassed the set target in the period.

The Vietnam Oil and Gas Group (PetroVietnam) has reported an oil output of 8.64 million tonnes in the first nine months of this year, 9.4% higher than the set target.

PetroVietnam Gas Joint Stock Corporation (PV Gas) has taken the lead in the Vietnam Oil and Gas Group (PetroVietnam) and played key role in the domestic gas industry, heard a meeting celebrating the 30th founding anniversary of the corporation in HCM City on September 18.

The Vietnam Oil and Gas Group (PetroVietnam) continued to top the Profit500 list, which names the 500 most profitable enterprises in Vietnam, in 2020.

Deputy Prime Minister Truong Hoa Binh has urged the Vietnam Oil and Gas Group (PetroVietnam) to enhance its capacity in petroleum exploration and exploitation to develop the marine economy in the new context.

The PetroVietnam Exploration Production Corporation (PVEP) extracted 2.6 million tonnes of oil equivalent in the first eight months of this year, surpassing the target by 2% and equivalent to 68% of the yearly plan.

The Vietnam Oil and Gas Group (PetroVietnam) on September 1 reported an oil equivalent output of 7.76 million tonnes in the first eight months of this year, 8.2% higher than the set target.

The PetroVietnam Drilling & Well Service Corporation (PV Drilling)’s rig PV Drilling III will implement its contract to drill five new wells for Kris Energy in Cambodia for three months, starting October.

The Russia-Vietnam oil and gas joint venture (Vietsovpetro) has pumped up 500 million cubic metres of gas from Thien Ung field, which has been in operation since late 2016.