17/11/2022

VPI to launch web-based machine learning solution VPI-Mlogs in petrophysics

To help users easily access machine learning algorithms in petrophysics, Vietnam Petroleum Institute (VPI) has built VPI-Mlogs, a web-based platform that integrates various tools for data processing, exploratory data analysis, visualisation. Forecasting models have been conducted for petrophysical logs, fracture zones, etc., with reliability of over 90%, saving drilling time and cost.

07/11/2022

VPI conducts industrial testing of water-in-oil demulsification chemical

The Vietnam Petroleum Institute (VPI) has conducted research on manufacturing a demulsifier chemical to improve the efficiency of water separation in crude oil during production and transportation in the Cuu Long basin. The objective of this study is to produce a suilable demulsifier chemical with the characteristics of Vietnam's crude oil and trial test in field, thereby commercializing the product and replacing imported products.

04/11/2022

Technology to promote energy transition trend in Vietnam

On November 3, 2022, the Vietnam Petroleum Institute (VPI) and Air Liquide held a technology workshop to promote the trend of energy transition in Vietnam focusing on 3 pillars: offshore wind power, hydrogen, CCUS.

17/10/2022

Petrovietnam and Massachusetts Institute of Technology share experiences on hydrogen value chain and energy transition

(PetroTimes) - On 14th October, at Petrovietnam’s headquarters, President and CEO Le Manh Hung had a meeting with Mr. Changjie Gou, Director of the Industrial Liaison Program (ILP) of the Massachusetts Institute of Technology (MIT) on energy transition and net zero emissions target.

11/10/2022

Petrovietnam and Ørsted and T&T Joint Venture discuss about offshore wind power development activities

Recently in Hanoi, Petrovietnam Chairman of the Board of Directors Hoang Quoc Vuong had a meeting with leaders of Ørsted and T&T to discuss about offshore wind power development activities in Vietnam.

23/09/2022

Vietnam National Oil and Gas Group to play key role in ensuring national energy security

Building Vietnam National Oil and Gas Group into a strong and effective economic group, key enterprise in ensuring national energy security, effectively and efficiently contributing to the cause of industrialization and modernization of the country, building an independent and self-reliant economy associated with active and proactive international integration... is one of the tasks and goals set by Prime Minister Pham Minh Chinh for Vietnam National Oil and Gas Group (Petrovietnam) at the meeting with the Group on 11th September morning.

23/09/2022

Petrovietnam President and CEO Le Manh Hung visits assembly site of Equinor’s Hywind Tampen floating offshore wind power project in Gulen, Norway

In order to implement Petrovietnam’s energy transition strategy, especially to take important steps for the formation and development of the offshore renewable energy industry, from 14th September 2022, Petrovietnam delegation led by President and CEO Le Manh Hung visited and worked with Equinor in Norway. Joining the delegation were member of the Board of Directors Tran Binh Minh, Vice President Pham Tien Dzung, PTSC General Director Le Manh Cuong and representatives of the Group’s Divisions.

23/09/2022

Petrovietnam and Wood promote cooperation in oil and gas processing

On 15th September 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Vice President Le Xuan Huyen received and worked with Mr. Damon Hill - President in charge of Global Strategy and Development of Wood (United Kingdom).

29/08/2022

VPI applied machine learning model and artificial intelligence to predict fractures in the basement rock

The Vietnam Petroleum Institute (VPI) said that it has applied artificial intelligence (AI) and machine learning (ML) algorithms to readily identify the presence of fractures in basement rock with an accuracy of more than 80%, saving drilling time and cost.

24/08/2022

Petrovietnam and Equinor promote clean energy development in Vietnam

On 18th August 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), President and CEO Le Manh Hung had a meeting and worked with Ms. Anita H. Holgersen - Director of Equinor in Vietnam.

24/08/2022

Petrovietnam and HSBC strengthen cooperation in the field of renewable energy

On 17th August afternoon, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Chairman of the Board of Directors Hoang Quoc Vuong had a meeting and worked with Mr. Tim Evans, CEO of HSBC Vietnam.

24/08/2022

Petrovietnam and Singapore promote energy cooperation in Vietnam

On 12th August 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Chairman of the Board of Directors Hoang Quoc Vuong had a meeting and worked with Dr. Tan See Leng - Minister of Human Resources cum Second Ministry of Industry and Trade of Singapore.

12/08/2022

ASCOPE successfully organizes 6th Mid-year Meeting of Sub-Committees

From 2nd to 5th August 2022, the 6th Mid-year Meeting of the ASEAN Council on Petroleum (ASCOPE) Sub-Committees chaired by ASCOPE Secretary General Tran Hong Nam was successfully held in Bangkok, Thailand. Attending the meeting were more than 70 members from the Southeast Asian member countries. The Petrovietnam delegation including members of the Secretariat and representatives of the Group’s Divisions participated in the Sub-Committees.

12/08/2022

CEO Meeting August 2022: Grasping trends, applying technology in volatility management, Petrovietnam improves efficiency and maintains growth momentum

Petrovietnam President and CEO Le Manh Hung emphasizes the main task in the coming time is to continue to closely follow market developments, the macro-economic situation, manage fluctuations to run effectively production and business activities, maintain the planned targets, especially in the face of new developments in the market, and may transition to a period of falling oil prices and unpredictable geopolitical fluctuations.

05/08/2022

PVN Chairman of the Board of Directors Hoang Quoc Vuong receives GS Energy leader

On 3rd August 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Chairman of the Board of Directors Hoang Quoc Vuong had a meeting and worked with Mr. Kim Sung Won, General Director of GS Energy (Korea).

21/07/2022

Petrovietnam and Sembcorp promote energy transformation in Vietnam

On 19th July 2022, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Chairman of the Board of Directors Hoang Quoc Vuong had a meeting and worked with Mr. Wong Kim Yin - General Director of Sembcorp Group (Singapore).

17/07/2022

Petrovietnam is willing to expand cooperation with Korean businesses

On 4th July, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Petrovietnam Vice President Le Xuan Huyen received and worked with Mr. Min Moonki - Commercial Attaché of the Korean Embassy in Vietnam.

17/07/2022

CEO Meeting in July 2022: Petrovietnam continues to maintain production, contributes more than 66 trillion dong to the State budget

With the high efforts of the whole system, effective management of fluctuations, and making good use of market opportunities, in the first 6 months of 2022, Vietnam National Oil and Gas Group (Petrovietnam) maintained stable production, positive growth of production and business activities, contributed 66.1 trillion dong to the State budget.

17/07/2022

ASCOPE attends 40th ASEAN Senior Officials Meeting on Energy

From 28th June to 1st July 2022, ASCOPE Secretary General Tran Hong Nam representing 10 members of the ASEAN Council on Petroleum (ASCOPE) attended the 40th ASEAN Senior Officials Meeting on Energy and relevant meetings chaired online by the Ministry of Mines and Energy of Cambodia with representatives of the energy management agencies of ASEAN countries, the ASEAN Secretariat, the ASEAN Energy Center, the International Energy Agency (IEA), International Renewable Energy Agency (IRENA), and partner countries (China, Korea, Japan, Australia and New Zealand, India, Russian Federation, USA, European Union).

17/07/2022

Petrovietnam member of the Board of Directors Bui Minh Tien receives leader of AXENS Group (France)

On 8th June, at the headquarters of Vietnam National Oil and Gas Group (Petrovietnam), Mr. Bui Minh Tien - member of the Board of Directors of Petrovietnam had a meeting and worked with Mr. Stéphane Wermester, Vice President of Commerce in charge of Asia - Pacific region of AXENS Group (France).