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Initiatives bring billions of US dollars to PetroVietnam

The Vietnam National Oil and Gas Group (PetroVietnam) has so far launched 2,805 projects that resulted in over 707 trillion VND (30.7 billion USD) in revenue.
Initiatives bring billions of US dollars to PetroVietnam ảnh 1Engineers of Binh Son Refining and Petrochemical JSC are operating equipment (Photo: petrotimes.vn)

Hanoi (VNA) – The Vietnam National Oil and Gas Group(PetroVietnam) has so far launched 2,805 projects that resulted in over 707trillion VND (30.7 billion USD) in revenue.

As one of the pioneers in PetroVietnam’s labour emulation movement, the Binh SonRefining and Petrochemical JSC (BSR) has had hundreds of registered initiatives.A total of 137 of them have been recognised and earned over 1.3 trillion VND inrevenue.

Electricity engineer Tran Quang Thuong from BSR’s group of authors for theinitiative “Manufacturing 110VDC, 25A Power Supply for Equipment Repair, Maintenance”said in the past, the troubleshooting of 110VDC equipment at factories orpower stations was always difficult due to the lack of 110VDC power supplydevices. The authors have successfully studied and manufactured a 110VDC powersupply that met the criteria for large capacity and underwent tests for circuitbreakers and contactors. It is easy to use, lightweight, and easy to move forhandling work inside and outside of the factory.

Since mid-2020, good quality 110VDC power supply systems have beenmanufactured. With the new power supply, the Dung Quat Oil Refinery saved 200million VND in the cost of buying new equipment. The new power supply helpsquickly check experiments, handle problems related to relay and circuitbreakers in TA4, and indirectly shortens time to perform jobs. Engineers caneasily repair and build 110VDC power supplies with equivalent or greatercapacity.

Deputy head of the BSR repair and maintenance department Ngo Huu Chien affirmedthat power system at Dung Quat Oil Refinery is very complex so that maintenancework requires highly skilled engineers. With a passion for learning and creativity,the contingent of electrical workers and engineers brought into full play manyinitiatives to ensure safe and stable operation of the power delivery system atthe factory.

Technology engineer Tran Cong Nhat from the Bien Dong Petroleum OperatingCompany (BIENDONG POC) said Bien Dong 01 is a major project of Vietnam’s oiland gas sector. It exists in particularly complicated conditions such as deepwater - close to deep water (128-145m of water) and is far from shore. It isalso the largest scale project in Vietnam, with a total volume of 70,000 tonnes.It requires very strict technical standards. Such challenges require engineersand workers at the project to constantly study and apply technical innovationsand improvements tostabilise the country's gas supply.

Over the past five years, BIENDONG POC has launched 40 initiatives andbenefited 1.4 trillion VND. Most notably is a project on optimising the cost ofmanaging underground pipelines by simulation research in combination withrisk-based testing and advanced non-destructive testing.  

Chairwoman of PetroVietnam’s Trade Union Nghiem Thuy Lan said during the2017-2022 period, out of 2,805 initiatives, 108 were recognised at PetroVietnam.Twelveof the initiatives won oil and gas and VIFOTEC sci-tech awards, and fourothers were honoured as “Pride of Vietnamese labour brainpower”. Such worksbrought home hundreds of millions of VND to the corporation. Outstanding unitsin labour emulation campaigns include Vietsovpetro, PVCFC, BSR, PV GAS, PVFCCo,BIENDONG POC, PTSC, PVEP, PV Drilling and others. Vietsovpetro had 524initiatives and inventions, 202 of them were not counted into money and theremainder brought over 53.4 trillion VND. PetroVietnam Gas had 406 initiativesand raked in more than 2.7 trillion VND.

ꦿ When it comes to building model criteria and project goals, it is necessary to trackthe tasks for each period and functions of companies. It is also necessary toformalize the model project contents into appropriate criteria. When anyemulation movement is launched, she called for enhancing inspection andoffering all possible forms of support for employees to make the best use oftheir creativity and bring the initiatives into reality, thus improving workefficiency./. 

VNA

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