Breakthrough Achievements in Oil and Gas.
Over five decades, Petrovietnam has evolved from a technology adopter to a technology innovator, establishing itself as a pioneering force in Vietnam and across the region. The company’s transformation is exemplified by several landmark achievements that were once considered technically impossible.
The organisation’s breakthrough success in producing oil from basement granite at the Bach Ho field represented a significant technical milestone that challenged conventional industry wisdom. This achievement established Petrovietnam’s reputation for tackling complex geological challenges and demonstrated the company’s commitment to pushing technological boundaries.
Additional major accomplishments include the successful collection and transportation of associated gas to shore, optimisation of operations at the Dung Quat Refinery, and the mastery of installing ultra-heavy offshore platforms. These achievements reflect the company’s growing technical expertise and ability to execute complex engineering projects in challenging environments.
Transition to New Energy Technologies.
Today, Petrovietnam operates under the guiding philosophy that “science paves the way, innovation drives breakthroughs.” This approach continues to shape the company’s strategic direction as it advances into the new energy era, focusing on emerging technologies and sustainable solutions.
The company’s current technology portfolio encompasses several key areas of renewable and clean energy development, including offshore wind projects, green hydrogen production, green ammonia manufacturing, sustainable aviation fuel (SAF) development, and carbon capture, utilisation, and storage (CCS/CCUS) technologies.
This diversification represents Petrovietnam’s strategic commitment to energy transition while leveraging its established expertise in complex energy projects and offshore operations.
Innovation-Driven Growth Strategy.
Petrovietnam’s approach to technological advancement combines strong intellectual capabilities with innovation-driven mechanisms and long-term strategic vision. The company has established science and technology as the primary driver for creating sustainable energy solutions that benefit both Vietnam and the global energy sector.
The organisation’s commitment to continuous innovation positions it to address emerging challenges in the energy transition while maintaining operational excellence across its traditional oil and gas operations. This balanced approach allows Petrovietnam to contribute to Vietnam’s energy security while supporting international sustainability objectives.
As Petrovietnam enters its next half-century, the company remains focused on leveraging its accumulated expertise and technological capabilities to advance sustainable energy development and maintain its position as a regional energy leader.
For more information visit www.pvn.vn
12 September 2025
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