Tags: vietsovpetro

Former petroleum executives prosecuted for trade fraud

Former petroleum executives prosecuted for trade fraud

The Investigation Police Bureau for Economic Management Order Offences (C46) on June 21 began proceeding procedures against four people accused of abusing position and power to appropriate assets in three petroleum companies under the Vietnam National Oil and Gas Group (PetroVietnam).

Vietsovpetro eyes 4 million tonnes of oil in 2018

Vietsovpetro eyes 4 million tonnes of oil in 2018

The Vietnam-Russia Oil and Gas Joint Venture Vietsovpetro has set targets for 2018 of pumping 4 million tonnes of oil and condensate and 126.5 million cubic metres of natural gas.

Gas output could triple within eight years

Gas output could triple within eight years

Vietnam could receive a significant boost to its natural gas supplies after signing two agreements during the APEC Summit to buy gas at home and from Indonesia.

Vietsovpetro inaugurates Tho Trang 03 oil rig

Vietsovpetro inaugurates Tho Trang 03 oil rig

Vietsovpetro, a joint Vietnamese-Russian oil and gas enterprise on May 7 began operating the Tho Trang 03 oil rig (White Rabbit) at well 37P offshore of the southern province of Ba Ria-Vung Tau, 13 days ahead of schedule.

Vietsovpetro revenue drops 28%

Vietsovpetro revenue drops 28%

Russia and Vietnam’s oil and gas exploration joint venture Vietsovpetro has exploited five million tonnes of crude oil in 2016.

Vietsovpetro taps 5.04 million tonnes of crude oil this year

Vietsovpetro taps 5.04 million tonnes of crude oil this year

The Vietnam-Russia joint venture Vietsovpetro expects to tap 5.04 million tonnes of crude oil as targeted this year, heard the 47th meeting of Vietsovpetro’s Council recently held in the southern province of Ba Ria – Vung Tau.

First gas flow from Thien Ung field pumped

First gas flow from Thien Ung field pumped

The Vietnam-Russia Oil and Gas Joint Venture Enterprise (Vietsovpetro) has welcomed the first flow of oil and condensate from TU-6 well of BK-TNG platform in the Thien Ung field.

Offshore Vietnam oil rig launched in south

Offshore Vietnam oil rig launched in south

An inauguration and handover ceremony was held in the southern province of Ba Ria-Vung Tau on August 12 to launch the Tam Dao 05 offshore oil rig, the largest ever locally manufactured jack-up rig.

Vietnam, Russia sign deals on further oil and gas exploitation

Vietnam, Russia sign deals on further oil and gas exploitation

Vietnam and Russia signed an inter-governmental agreement on further geological survey and oil and gas exploitation in Russia within the framework of the Vietnam-Russia oil and gas joint venture Rusvietpetro at a ceremony in Hanoi on April 20.

Vietsovpetro works to ensure oil exploitation plan

Vietsovpetro works to ensure oil exploitation plan

The Vietnam-Russia Joint Venture Vietsovpetro will exploit an additional 23 oil wells and make upgrade to nine others as part of the efforts to ensure safe exploiting activities and fulfill its set plan.