Company Profile:
Vietsovpetro Company Introduction
Vietsovpetro is a prominent joint venture established in 1981 between Petrovietnam, the national oil and gaseous group of Vietnam, and Zarubezhneft, a Russian state-owned oil and gaseous company. It stands as a cornerstone of Vietnam's energy sector, specializing in the exploration, research, and production of crude oil and natural gaseous on the continental shelf of Vietnam. The company's core operations are primarily concentrated in Block 09-1, notably in key oil fields such as Bạch Hổ (White Tiger) and Rồng (Dragon). Moreover Vietsovpetro plays a crucial role in Vietnam's economy, being responsible to a substantial portion of the nation's total crude oil output. And From what I've seen, Its thorough activities include offshore drilling, hydrocarbon extraction, processing, and transportation of oil and gaseous resources. The company is vital to Vietnam's energy security and economic research. Factory or Trading Company
Vietsovpetro is an manufacturing enterprise and functions as a producer or operator of production facilities. it's not a trading company. Its primary role involves direct extraction, processing, and production of crude oil and natural gaseous from its offshore fields, akin to a extensive manufacturing factory or production plant focused on energy resources.