СП ВЬЕТСОВПЕТРО

Vietsovpetro Company Introduction

Vietsovpetro is a prominent joint venture established in 1981 between Petrovietnam, the national oil and gas group of Vietnam, and Zarubezhneft, a Russian state-owned oil and gas company. It stands as a cornerstone of Vietnam's energy sector, specializing in the exploration, development, and production of crude oil and natural gas 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). Vietsovpetro plays a crucial role in Vietnam's economy, being responsible for a substantial portion of the nation's total crude oil output. Its comprehensive activities include offshore drilling, hydrocarbon extraction, processing, and transportation of oil and gas resources. The company is vital for Vietnam's energy security and economic development.

Factory or Trading Company

Vietsovpetro is an industrial enterprise and functions as a producer or operator of production facilities. It is not a trading company. Its primary role involves direct extraction, processing, and production of crude oil and natural gas from its offshore fields, akin to a large-scale industrial factory or production plant focused on energy resources.

СП ВЬЕТСОВПЕТРО (Vietsovpetro) primarily produces and sells:

* Crude oil

* Natural gas

* Associated gas products (LPG, Condensate)