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PetroVietnam Technical Services Corporation (PTSC) will be the supplier of a floating storage and offloading (FSO) system to the project of developing the Sao Vang-Dai Nguyet gas fields, which is invested by Japanese firm Idemisu Kosan.

On November 16, 2020, at the incoming gas intake in Long Hai town, Long Dien district, Baria-Vung Tau province, Vietnam Gas Corporation (PV GAS) held the welcoming ceremony to accept the first gas inflow from Sao Vang field in the Sao Vang - Dai Nguyet gas project to Nam Con Son 2 pipeline.

According to information from Petrovietnam (PVN), November 27, 2017, in Dong Ha city (Quang tri province), PVN mission headed by General director Nguyen Vu Truong Son had a working meeting with Gazprom (Russia) and Quang Tri Provincial People’s Committee (PPC) on perspective of Bao Vang (Gold Panther) gas field. At the meeting, the parties have agreed the roadmap and assigned concrete responsibilities for preparing project investment.

The Vietnam Oil and Gas Group (PVN) informed that On November 23, 2022, in Vung Tau city, the Domestic Petroleum Exploration and Production Company (PVEP POC) under the Petroleum Exploration Production Corporation (PVEP) and Vietnam - Russia Joint Venture (Vietsovpetro - VSP) signed an EPCI contract (Engineering, Procurement, Construction and Installation) for Phase 3, Lot 05 1a of the Dai Hung field development project. (The Enterprise of Oil and Gas Construction, Survey and Repair Exploitation is assigned by Vertical Seismic Profile (VSP) to implement this project).

The project with a total investment of VND 3.7 billion includes two main working parts as kiln digging and equipment installation.

On the morning of January 25, 2019, as planned, CTC1-WHP exploiting rig in Sturgeon (Ca Tam) Field, Lot 09/3-12 gave First Oil, with an initial production of 1,630 tons/day. This is a project invested by a consortium of Vietsovpetro, PetroVietnam Exploration and Production Corporation (PVEP) and Bitexco Group.

At October 30 evening, in Ho Chi Minh city, PetroVietnam held a welcome ceremony for the first oil flow from the drilling rig H5 of the white rhino field managed by Hoang Long Company in join-venture with partners from Vietnam, US and Thailand. Vice Prime Minister Hoang Trung Hai attended and spoke at the ceremony.

PetroVietnam Exploration and Production Corporation (PVEP) informed: the Project on Development the Thai Binh Gas Field, at 102-106 Lots of Song Hong Basin offshore Gulf of Tonkin under the PCOSB Operator has given the first commercial gas flow of a 5 million cubic feet per day output (1 cubic foot is equivalent to 0.028 cubic meter) from TB-1P Well.

In the coming time, Vietnam and Azerbaijan will promote opportunity of potential cooperation in petroleum field from upstream, midstream to downstream.