Overview

Beginning the start-up as apprentices in the hi-tech business since the opening up of Vietnam’s economy, PVEP now has become the leading exploration tỷ lệ kèo nhà cái production company throughout Vietnam tỷ lệ kèo nhà cái all over Southeast Asia. Currently operating tỷ lệ kèo nhà cái developing several large scale projects, PVEP has been enhancing its leading role in the industry with increasing oil tỷ lệ kèo nhà cái gas production volume.

In period 2007 - 2020, the corporation has aggregated incremental reserves of 1.7 billion barrels of oil equivalent tỷ lệ kèo nhà cái produced 487.5 Mmboe, tỷ lệ kèo nhà cái we expect to reach around 64 thousandbarrels of oil equivalent/day with production rate of 246 Kboe/day by 2025. This corresponds to an annual growth rate of up to 10% till 2025.

Taking over the abandoned rough tỷ lệ kèo nhà cái tough oil fields locally as well as determinedly pursuing foreign projects despite the hardships, PVEP has been promoting the capability of self-operating even the remote offshore tỷ lệ kèo nhà cái complicated oil fields. Integrating in the international work environment via the joint operating companies has also been fostering our professional practices in cooperation with all partners.

PVEP’s strategic objectives are to accelerate exploration in customary areas, study non-structural reservoir potential tỷ lệ kèo nhà cái unconventional oil tỷ lệ kèo nhà cái gas formations, increase oil reserves, develop deep-water tỷ lệ kèo nhà cái remote offshore fields domestically; expand investment, prudently get acquisition of producing assets, tỷ lệ kèo nhà cái proactively conduct petroleum exploration tỷ lệ kèo nhà cái production activities overseas, with higher priority for currently allocated areas such as Latin America, North America, North Africa tỷ lệ kèo nhà cái Middle East, South East Asia…In cope with the prevailing global prolonged oil price slump, PVEP has implemented several drastic solutions tỷ lệ kèo nhà cái properly regulated its strategies, both domestically tỷ lệ kèo nhà cái internationally, toward effective tỷ lệ kèo nhà cái sustainable development.

To accomplish its strategic targets, PVEP will also expand cooperation with existing tỷ lệ kèo nhà cái potential partners, locally tỷ lệ kèo nhà cái abroad, to leverage experience, resources, technology tỷ lệ kèo nhà cái benefits.

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