LIEN DOANH VIET NGA VIETSOVPETRO

Business Nature: Industrial Enterprise (Manufacturer and Service Provider)

Company Overview:

Vietsovpetro is a joint venture between Vietnam and Russia, established for the exploration and production of oil and gas. It is one of the largest enterprises in the oil and gas industry in Vietnam. The company operates as an industrial entity rather than a pure trader, as it owns and manages extensive offshore oil fields, drilling platforms, pipelines, and specialized manufacturing facilities for oil field equipment and infrastructure.

Primary Activities:

1. Exploration and production of oil and gas.

2. Construction and installation of offshore oil and gas facilities.

3. Operation and maintenance of oil and gas infrastructure.

4. Provision of specialized technical services and manufacturing of oil field equipment.

Conclusion:

Vietsovpetro is an industrial enterprise and a producer, not a trading company.

Core Business and Products:

1. Crude Oil and Natural Gas

The company is primarily engaged in the exploration, development, and production of crude oil and natural gas from offshore fields in Vietnam. Its main output consists of:

- Crude oil

- Associated petroleum gas

- Natural gas

2. Oil and Gas Services

Vietsovpetro provides a wide range of specialized technical services for the oil and gas industry, including:

- Engineering, Procurement, and Construction (EPC) services for offshore platforms and oil and gas infrastructure

- Operation and maintenance of offshore oil and gas facilities

- Drilling services and well workover operations

- Installation of offshore pipelines and subsea structures

- Marine transportation and logistics support for offshore operations

- Geologic and geophysical exploration services

- Technical inspection and quality control services for oil and gas equipment