Oil and Gas news

Welcome to the third Party Congress of the Vietnam Oil and Gas Group - term 2020-2025. Block 114 is located on offshore Vietnam's northern continental shelf. It is a part of the Hong river basin, about 65km from Quang Tri province and 86km from Da Nang city. Block 114 is in the exploration phase, operated by Eni Vietnam B.V, which holds 50% share, while ESSAR E&P Limited holds the remaining 50%. In May 2019, the exploration well 114-Ken Bau-1X was drilled, reaching a total depth of 3,603m and meeting all…

On the occasion of the 46th anniversary of the Establishment of the General Department of Petroleum and Gas of Vietnam (currently the Vietnam National Oil and Gas Group), represent the Party committee, leader of Group, Mr. Hoang Quoc Vuong – Party committee secretary, Chairman of the Board of Members sent congratulation letter to the generations of officers, employees who works in oil and gas industry. It’s a pleasure to introduce the full letter:   Dear the generations of officers, employees working for Vietnam National Oil and Gas Group, This year,…

On 5 September 2016, PTSC M&C – EPCI Contractor, in coordination with Cuu Long JOC – the Operator, hosted the ceremony to celebrate the Load out and Sail away for the Topside Module 1 and Module 2 of Production Injection Platform (PIP) of the Su Tu Trang Full Field Development Project Phase 1 (STTFFD-P1) at PTSC M&C fabrication yard. Attending the ceremony there are Mr. Nguyen Quoc Thap – Vice President of Vietnam Oil and Gas Group (PetroVietnam), Mr. Ngo Huu Hai – President & CEO of PetroVietnam Exploration Production…

On 04/08/2015, at Sheraton hotel in Ho Chi Minh City,  Joint Venture Vietsovpetro (VSP) & Hoang Long Joint Operating Company (HL JOC) signed the contract on operation and maintenance services of H5-WHP of  Te Giac Trang (TGT) field. Following H1 and H4 WHPs, Vietsovpetro's Oil & Gas Production Enterprise (OGPE) under the authorization of Vietsovpetro, will continue to be allied with Malaysian Company Bumi Armada Berhad (BAB) to provide O&M service for H5 WHP in TGT oil field of HL JOC. At the signing ceremony, Mr, Tu Thanh Nghia, Vietsovpetro's…

France's oil services company Technip will hand over Vietnam's first ever oil refinery, Dung Quat in the central province of Quang Ngai, to the Vietnam National Oil and Gas Group (PetroVietnam) to operate on May 24, said the refinery's management board. After the handover, contractor Technip will continue dealing with technical problems and take charge of guarantee and transferring technology to the Dung Quat Oil Refinery's engineers and workers for two years. After over one year in operation, the refinery processed over 3.7 million tons of crude oil from Bah…