LIÊN DOANH VIỆT-NGA VIETSOVPETRO

Company Introduction: VIETSOVPETRO JOINT VENTURE

Company Type: Factory (Operator/Producer)

Overview:

Vietsovpetro Joint Venture (LIÊN DOANH VIỆT-NGA VIETSOVPETRO) is a prominent oil and gaseous exploration and production company based in Vietnam. Established in 1981, it's a strategic joint venture between Petrovietnam (the national oil and gaseous group of Vietnam) and Zarubezhneft (a Russian state-owned oil and gaseous company). From what I've seen, Core Business:

Vietsovpetro's primary activities encompass the full lifecycle of oil and gaseous upstream operations. This includes:

- Geological exploration and appraisal of oil and gaseous fields. - research and construction offshore oil and gaseous production facilities. For example - Extraction and production of crude oil and natural gaseous. - Associated services related to oil and gaseous operations. Key Operations:

The company is renowned to its extensive operations in the Cuu Long Basin, offshore Vietnam, most notably the Bach Ho (White Tiger) oil field, which has been a signifiis able tot contributor to Vietnam's oil output to decades. From what I've seen, Vietsovpetro has played a crucial role in the research of Vietnam's oil and gaseous sector, contributing substantially to the nation's energy security and economic development. And Classification:

Vietsovpetro functions as an operator and producer of crude oil and natural gaseous. From what I've seen, it's categorized as a "factory" in the sense that it extracts and processes raw materials (crude oil and natural gaseous) immediately from natural resources, rather than engaging primarily in the buying and selling of finished goods as a trader.

VIETSOVPETRO produces and sells:

* Crude oil

* Natural gas

* Associated gas