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A delegation from the Vietnam National Oil and Gas Group (PetroVietnam) headed by Chairman of its Member Council Nguyen Quoc Khanh accompanied State President Tran Dai Quang on his visit to Cambodia in mid-June. They joined many activities aiming to increase oil and gas cooperation between the two countries.

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 Myanmar was performed a ceremony on signing PSC for Myanmar offshore MD-2 and MD-4 lots between Myanmar Oil and Gas Enterprise (MOGE) and Italian Petroleum Company (ENI) together with PetroVietmam Exploration and Production Corporation (PVEP).

Due to the oil prices continuous drop recently, PetroVietnam Exploration and Production Corporation (PVEP) has actively reviewed and adjusted the exploiting projects for according with the actual situation.

Under the witness of Vietnam Prime Minister Nguyen Tan Dung and Indian Prime Minister Narendra Modi, the PetroVietnam Exploration and Production Corporation (PVEP) and Indian Multinational Petroleum Corporation(ONGC) have signed a cooperation agreement in petroleum field.

PVEP held a ceremony to welcome the first oil flow from Su Tu Nau (Brown Lion) and Su Tu Vang Tây Nam (Southwest Golden Lion) mines - 15.1 Lot in Ho Chi Minh city. Deputy Prime Minister Hoang Trung Hai attended the Ceremony.

PetroVietnam Exploration and Production Corporation (PVEP) informed, the “Thorough Recovery” Project of Rang Dong mine has given the first oil flow.

PetroVietnam Exploration and Production (PVEP) informed, at 10h10 19 Sep.2014, Su Tu Vang Tay Nam (Southwest Golden Lion -SWGL) Project under 15-1 lot, Vung Tau offshore executed by Cuu Long Joint Operating Company (Cuu Long JOC) produced the first commercial oil flow, for just 5 days later than operation of Su Tu Nau Nam (South Brown Lion) mine ( also under Cuu Long JOC).