RSS Feeds for Oil & Gas September 26, 2022 00:14
Vietnam Energy Forum

PVN General Director worked at Rusvietpetro Field (Russian Federation)

PVN General Director worked at Rusvietpetro Field (Russian Federation)
In a mission to the Russian Federation (from September 19 to 23), Mr. Le Manh Hung - General Director of the Vietnam Oil and Gas Group (PVN) and the delegates had a visit and working meeting at the oil and gas fields blocks under the Rusvietpetro Joint Venture a joint venture between PVN and Zerubrezhneft, in the Russian Federation.
Assessing the status of implementing 'value chains' in the Vietnam Oil and Gas industry

Assessing the status of implementing 'value chains' in the Vietnam Oil and Gas industry

The Vietnam Oil and Gas Group (PVN) informed that Mr. Le Manh Hung - General Director has just chaired a meeting about the status of implementing ‘value chains’ in Vietnam Oil and Gas industry. At this meeting, PVN and its member units assessed the status of implementing recent ‘value chains’ and discussed and unified forward achieving goals.
Successful launching the superstructure block of CTC-2 rig at Ca Tam field

Successful launching the superstructure block of CTC-2 rig at Ca Tam field

At the construction site of Vietsovpetro Port, the Vietnam - Russia Joint Venture Vietsovpetro (NDH) has launched the superstructure block of Ca Tam 2 (CTC-2) rig for installation at the Ca Tam field in Lot 09-3/12, in about 160 km southeast of Vung Tau City.
Proposal to invest in an oil refinery complex and Vietnam's national crude oil and petroleum storage depot

Proposal to invest in an oil refinery complex and Vietnam's national crude oil and petroleum storage depot

In fact, Because the capacity for producing gasoline and oil products is much lower than its consumption demand, Vietnam still has to spend billions of dollars to import petrochemical products for domestic demand and according to the demand forecast, Vietnam will lack a large amount of gasoline and oil products in the future...
Collecting opinions on the Petroleum Law (amended) before submitting it to the National Assembly for approval

Collecting opinions on the Petroleum Law (amended) before submitting it to the National Assembly for approval

On August 2, in Da Nang City, the Economic Committee of the National Assembly (NA) in collaboration with the Ministry of Industry and Trade held a workshop to collect opinions on the Petroleum Law (amended) for further improving the draft Law to submit to the National Assembly for considering and approving it at the next fourth session. This is an important bill, expected to establish a fully worked-out and synchronous legal framework for promoting and developing petroleum activities. Especially for restoring the attractiveness of the investment environment in the petroleum sector and not wasting the national fossil resources.
Signing a MoU on investment in Quang Yen Stavian Petrochemical Plant Project

Signing a MoU on investment in Quang Yen Stavian Petrochemical Plant Project

At the Quang Ninh Provincial Investment Promotion Conference in 2022 "Converging and Spreading", the Representative of Quang Ninh Provincial People's Committee (PPC) signed a memorandum of understanding (MOU) on investment in Quang Yen Stavian Petrochemical Plant project (valued 1.5 billion USD) for Quang Yen Stavian Petrochemical Joint Stock Company and Bac Tien Phong Industrial Park Joint Stock Company.
Petrovietnam and Sembcorp promote energy transformation in Vietnam

Petrovietnam and Sembcorp promote energy transformation in Vietnam

Attending the meeting on Sembcorp’s side were Mr. Jaya Ratnnam - Singapore Ambassador to Vietnam; Mr. Koh Chiap Khiong - General Director of Sembcorp Southeast Asia; Ms. Pham Thu Hang - General Director of Vietstar Training and Consulting Joint Stock Company, Director of Vietnam - Singapore High Level Forum; with the leaders of Sembcorp’s divisions. On the side of Petrovietnam, there was Mr. Bui Minh Tien - member of the Board of Directors; Mr. Pham Tien Dzung - Vice President; Mr. Nguyen Duy Giang - Deputy General Director of Petrovietnam Power Corporation (PV Power); together with representing leaders of the Group’s Divisions/ Administration Office.
The opportunities and challenges for LNG market development in Vietnam

The opportunities and challenges for LNG market development in Vietnam

In order to meet the increasing market demand from power plants, industrial and civil customers, while domestic gas sources are on the decline, the import of LNG to make up for the shortfall The shortfall is a necessary solution to ensure national energy security and serve the country's development.
PVN proposal on participation of the US partner in the Long Son Petrochemical Complex project

PVN proposal on participation of the US partner in the Long Son Petrochemical Complex project

Exchanging with Mr. Douglas Kelly - Chairman of USA Kellogg Brown & Root Technology Solutions Company (KBR) on June 6, in Hanoi, Mr. Hoang Quoc Vuong, Chairman of the Member Council Board of Vietnam Petroleum Group (PVN) proposed KBR apply a number of new technologies and technical solutions in the project of upgrading and expanding Dung Quat Oil Refinery plant, as well as participating in the investment to develop the Long Son Energy and Petrochemical Complex.
GWEC is willing to share experiences and cooperate with Petrovietnam in the field of offshore WP

GWEC is willing to share experiences and cooperate with Petrovietnam in the field of offshore WP

On 24th May 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Chairman of the Board of Directors Hoang Quoc Vuong had a meeting and worked with the delegation of the Global Wind Energy Council (GWEC) led by Mr. Mark Hutchinson - Chair of the Southeast Asia Task Force.
The Prime Minister asked Murphy Oil to speed up the progress of the Golden Camel project

The Prime Minister asked Murphy Oil to speed up the progress of the Golden Camel project

On the occasion of visiting and working in the United States, in Washington, D.C., Prime Minister Pham Minh Chinh received Mr. Roger Jenkins - General Director of Murphy Oil (USA).
Petrovietnam seeks to import crude oil from the US

Petrovietnam seeks to import crude oil from the US

On May 9, 2022, during a business trip to the US, Vietnam Oil and Gas Group (PVN) and Binh Son Refining and Petrochemical Joint Stock Company (BSR) had working sessions with partners/suppliers of crude oil in Houston (USA).
The Prime Minister had a working meeting  with PVN

The Prime Minister had a working meeting with PVN

On the afternoon of March 16, Prime Minister (PM) Pham Minh Chinh chaired a working meeting with the Vietnam Oil and Gas Group (PVN) on the production and business situations of the group in 2021, the first two months of 2022 and in 2022.
PVN and its Indian partner deliberate the development of a downstream project using gas from the Ken Bau field

PVN and its Indian partner deliberate the development of a downstream project using gas from the Ken Bau field

At the meeting with Mr. Ashish Kumar - General Director of India Essar Group (India), Mr. Le Manh Hung - General Director of the Vietnam Oil and Gas Group (PVN) proposed researching the development of cooperation between this group and Dung Quat Oil Refinery to research developing an integrated petrochemical project with the overall development orientation of using gas - condensate from the Ken Bau field.
Operational regulations of the State Steering Committee for the key oil and gas projects

Operational regulations of the State Steering Committee for the key oil and gas projects

Deputy Prime Minister Le Van Thanh, Head of the State Steering Committee for the key oil and gas projects has just signed Decision No. 11/QD-BCDNNDK dated January 19, 2022 promulgating the Operational Regulations of the Steering Committee for assisting the Government and Prime Minister to direct implementing the key oil and gas projects.
PVN and TKIS (India) discussed to cooperate in developing the later stages of the oil and gas industry

PVN and TKIS (India) discussed to cooperate in developing the later stages of the oil and gas industry

On the occasion of accompanying National Assembly Chairman Vuong Dinh Hue to pay an official visit to the Republic of India, on the afternoon of December 16, 2021, Mr. Le Manh Hung - General Director of Vietnam Oil and Gas Group (PVN) had a meeting with Mr. Rajesh Kamath - CEO of Thyssenkrupp Group, India branch (Thyssenkrupp Industrial Solutions - TKIS). At the meeting, the two sides discussed opportunities to expand fields in the following stages of the oil and gas industry such as: petrochemical refining technology, fertilizers, fiber, green energy...
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