CHI NHÁNH TẬP ĐOÀN DẦU KHÍ VIỆT NAM-CÔNG TY ĐIỀU HÀNH DẦU KHÍ BIỂN ĐÔNG

Company Type: Producer/Operator (This company is involved in industrial production, specifically the extraction and initial processing of oil and gas, rather than solely trading finished goods.)

Company Introduction:

Bien Dong Petroleum Operating Company (Bien Dong POC) is a crucial operating branch and subsidiary of Petrovietnam Group, the national oil and gas conglomerate of Vietnam. Established with the mandate to manage and execute offshore oil and gas projects, Bien Dong POC is a cornerstone of Vietnam's energy industry.

Its core business activities encompass the exploration, development, and production of crude oil and natural gas from challenging offshore fields, primarily located in Vietnam's East Sea (internationally known as the South China Sea). The company's responsibilities span the entire operational lifecycle, including geological assessment, drilling operations, the management and maintenance of sophisticated offshore platforms and processing facilities, and the transportation of hydrocarbons.

Bien Dong POC is distinguished by its technical capabilities in handling large-scale, high-pressure, high-temperature (HPHT) gas condensate fields, notably the Hải Thạch and Mộc Tinh fields. These operations are vital for bolstering Vietnam's energy independence and fostering economic growth. The company leverages cutting-edge technologies and adheres to strict safety and environmental protocols in its complex and demanding offshore endeavors.

In summary, Bien Dong POC functions as an industrial producer and operator, directly engaged in the extraction and primary processing of raw energy resources (oil and gas). It is a significant asset producer contributing directly to the nation's raw material supply chain, rather than primarily operating as a trading entity.

Crude oil, natural gas, and condensate.

English Translation:

Crude oil, natural gas, and condensate.