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Vietnam Energy Forum
Identifying challenges at the East Sea Petroleum Operation Company in 2023

Identifying challenges at the East Sea Petroleum Operation Company in 2023

According to the forecast of analyzing the factors affecting production and business activities in 2023 of the Vietnam Petroleum Group (PVN) Branch - the East Sea Petroleum Operation Company (BIENDONG POC) the operation area in petroleum researching, exploring, and exploiting (E&P) in recent years were narrowed and not improved yet in 2023 due to the complex of the East Sea situation. The increase of the petroleum reserves in the immediate and long-term faces many difficulties.
BIENDONG POC has completed the plan for condensate exploitation in 2020

BIENDONG POC has completed the plan for condensate exploitation in 2020

The East Sea Petroleum Operating Company (BIENDONG POC) informed that at 9:00 am on August 27, 2020, the company has officially finished 100% of the plan for condensate exploitation in 2020 with an "Early Finish" for 126 days.