Tag: PetroVietnam
Artificial intelligence, machine learning applied to petroleum exploration
The Vietnam Petroleum Institute (VPI), a member of the Vietnam Oil and Gas Group (PetroVietnam), has applied artificial intelligence (AI) and machine learning to quickly identify the presence of fractured granite basement, with an accuracy rate of over 80%, helping save exploration time and costs.
PetroVietnam looks to partner with Equinor in offshore wind power development
General Director of the Vietnam Oil and Gas Group (PetroVietnam) Le Manh Hung has proposed that PetroVietnam and Norwegian energy firm Equinor promptly build a roadmap to implement their joint offshore wind power and hydrogen production projects in Vietnam.
US$5.1 billion Long Son Petrochemical Complex nears completion
VOV.VN - Long Son Petrochemical Complex Project, which has received US$5.1 billion in investment, is taking shape in Ba Ria – Vung Tau, with 96.2% of the workload completed, according to Dau Tu (Investment) Newspaper.
Four PetroVietnam subsidiaries among Forbes Vietnam’s top 50 listed firms
Four member companies of the Vietnam Oil and Gas Group (PetroVietnam) have been named in the list of the top 50 listed firms in Vietnam in 2022 compiled by Forbes Vietnam.
PetroVietnam’s board of has two new members
The National Oil and Gas Group (PetroVietnam) has announced the decisions to appoint Nguyen Van Mau, its Deputy General Director, and Tran Binh Minh, head of the PetroVietnam Office, as two new members of its Board of Members.
Resources should be mobilised for expansion of Dung Quat Oil Refinery
National Assembly Chairman Vuong Dinh Hue on July 25 asked the Binh Son Refining and Petrochemical JSC (BSR), a wholly-owned subsidiary of PetroVietnam, to mobilise all resources for the expansion and upgrading of the Dung Quat Oil Refinery.
Total revenue of groups, corporations hits nearly VND900 trillion
The combined revenue of 17 out of 19 groups and corporations under the Commission for the Management of State Capital at Enterprises was estimated at over VND892.16 trillion (US$38.05 billion) in the first half of this year, equivalent to 90% of the yearly target and up 27% year-on-year.
Foreign investment attraction key to modernisation of PetroVietnam
Over the past 30 years, foreign investors have injected US$45 billion to oil and gas in Vietnam, greatly contributing to the growth of the sector, according to the Vietnam Oil and Gas Group (PetroVietnam).
PetroVietnam surpasses oil exploitation plan by 23% in H1
The Vietnam Oil and Gas Group (PetroVietnam) pumped 5.48 million tonnes of crude oil in the first six months of this year, surpassing the set target by 23%.
PV Power’s first-half post-tax profit nears VND1.16 trillion
PetroVietnam Power Corporation (PV Power) reported a post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of 2022, surpassing the target set for the entire year by 56%.
