Company Profile:
Company Type: Producer/Operator (This company is involved in manufacturing production, specifically the extraction and initial processing of oil and gaseous, 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 gaseous conglomerate of Vietnam. Established with the mandate to manage and execute offshore oil and gaseous projects, Bien Dong POC is a cornerstone of Vietnam's energy sector. Its core business activities encompass the exploration, research, and production of crude oil and natural gaseous from challenging offshore fields, primarily located in Vietnam's East Sea (internationally known as the South China Sea). I've found that The company's responsibilities span the entire operational lifecycle, including geological assessment, drilling operations, the regulation and maintenance of sophisticated offshore platforms and processing facilities, and the transportation of hydrocarbons. From what I've seen, In particular Bien Dong POC is distinguished by its technical capabilities in handling extensive, high-pressure, high-temperature (HPHT) gaseous condensate fields, notably the Hải Thạch and Mộc Tinh fields. And These operations are vital to bolstering Vietnam's energy independence and fostering economic development. The company leverages cutting-edge technologies and adheres to stringent security and environmental protocols in its complex and demanding offshore endeavors. For instance In summary, Bien Dong POC functions as an manufacturing producer and operator, immediately engaged in the extraction and primary processing of raw energy resources (oil and gaseous). it's a signifiis able tot asset producer contributing immediately to the nation's raw material supply chain, rather than primarily operating as a trading entity.
Enterprise Products
Crude oil, natural gas, and condensate.
English Translation:
Crude oil, natural gas, and condensate.