Vietsovpetro

Update news Vietsovpetro

Joint venture set to commission two oil rigs in Q4

Vietnam-Russia oil and gas joint venture Vietsovpetro is speeding up the building of marine constructions and aiming to put RC-RB1 and RC-10 rigs of the Dragon oilfield into operation in the fourth quarter of this year.

 

Oil fields becoming depleted, difficulties lie ahead

Oil and gas companies are struggling to cope with falling prices, oil field depletion, and difficulties in seeking new fields.

Vietnam-Russia cooperation in oil and gas: great opportunities ahead

With the support of the two governments, Vietnam’s oil and gas industry is expected to continue developing strongly.

Government News 25/1

Deputy PM holds bilateral talks in Davos, VN backs global food security; Vietnam-Russia diplomatic ties marked in Ba Ria-Vung Tau; Vatican Cardinal visits Da Nang Diocese

BUSINESS IN BRIEF 15/1

Ministry aims for SOEs equitisation completion in 2015; EVN commits to meeting increased demand in 2015; Vietsovpetro targets 5.1 million tonnes of crude oil in 2015; Ministry of Transport, Bechtel to cooperate on Ca Mau port

BUSINESS IN BRIEF 18/12

Authorities mitigate impact of falling oil price to State budget; EU supports enforcing Competition Law; Tra fish exporters adapt to tougher markets; Vietsovpetro fulfils yearly plan; PM approves Licogi’s equitization plan

Work begins on made-in-VN offshore rig

 VietNamNet Bridge – A ceremony to launch the construction of the Tam Dao 05 offshore oilrig, the second locally-manufactured jack-up rig, was held in the southern province of Ba Ria- Vung Tau yesterday.

The man at the heart of VN's oil industry

 VietNamNet Bridge – Tran Le Dong has been a part of the nation's oil and gas industry since its inception and played a major role in its development. "I am a drop of the country's oil and gas reserves," he said.

Oil and gas giants prepare for possible hacker attack

 VietNamNet Bridge – The Ministry of Industry and Trade has asked Vietsovpetro and PetroVietnam to prepare themselves for a possible hacker attack as it is said that international hackers plan to attack the companies’ networks on June 20.

Two women's volleyball teams to be dissolved

 VietNamNet Bridge – The Vietsov Petro women’s volleyball club was officially dissolved yesterday, February, after a scandal related to the hand-over of this team to Saigon-Pacific Beer.

Vietnam, Russia prepare for President Putin’s Hanoi visit

VietNamNet Bridge – Viet Nam and Russia need to deepen their comprehensive, strategic co-operation partnership, President Truong Tan Sang said yesterday, Oct 16.

BUSINESS IN BRIEF 15/5

 Small banks look to make bigger waves; Central bank cuts key interest rates; Slow growth to put pressure on Budget; Exhibition backs support industries; Bank merger talks continue