Vice President hails Vietsovpetro for contributions to energy security
Vice President Vo Thi Anh Xuan on December 22 lauded the Russia-Vietnam oil and gas joint venture Vietsovpetro and the Vietnam Oil and Gas Group (Petrovietnam) for their achievements in 2022, contributing to ensuring energy security, state budget revenue, and economic diplomacy.
Vice President Vo Thi Anh Xuan (C) and Vietsovpetro leaders and employees. (Photo: VNA)
Ba Ria-Vung Tau (VNA) – Vice President Vo Thi Anh Xuan on December 22 lauded theRussia-Vietnam oil and gas joint venture Vietsovpetro and the Vietnam Oil andGas Group (Petrovietnam) for their achievements in 2022, contributing to ensuringenergy security, state budget revenue, and economic diplomacy.
During her visit to Vietsovpetro in Vung Tau city in the southern provinceof Ba Ria-Vung Tau, the Vice President urged Petrovietnam and its subsidiaryVietsovpetro to concretise the Resolution adopted at the 13th NationalParty Congress, affirming their locomotive role in energy security and nationaldefence and security.
Theoil and gas sector should work towards modernity and enhance internationalcooperation, Xuan added.
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Chairman of the Petrovietnam Members' Council Hoang Quoc Vuong said thegroup has fulfilled all exploitation and turnover targets set for 2022.
In thefirst six months of 2022, Vietsovpetro pumped more than 1.57 million tonnes ofoil and condensate, surpassing the plan by 84,700 tonnes but only equivalent toover 98% of the output in the same period last year.
Of the six-monthoutput, natural gas exploitation reached 39.9 million cu.m, surpassing the planby 5.2 million cu.m and equivalent to 97.7% of the figure in the same periodlast year. The volume of crude pumped from Block 09-1 surged 12 percentyear-on-year to 160.3 million cu.m, surpassing the six-month plan by 69.6%.
The joint venture earned 1.19 billion USD in oil and gas revenue, up 510.4million USD from the target and 441.7 million USD from the same period lastyear./.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) will provide jackup rig PV Drilling II for Vietsovpetro, the Vietnam-Russia oil and gas joint venture, to expand its operation in five offshore oil wells in Block 09-1.
Vietnam-Russia oil and gas joint venture Vietsovpetro has announced that it launched the sets of support for RC-RB1 and RC-10 rigs of the Dragon oilfield in June.
The Russia-Vietnam oil and gas joint venture Vietsovpetro is undertaking a series of solutions to increase oil output in the remaining months of the year.
Vietnam-Russia oil and gas joint venture (Vietsovpetro) on October 28 welcomed the first flow of oil pumped up from Ca Tam 2 production platform (CTC-2) at Ca Tam oil field.
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Vice President Vo Thi Anh Xuan (C) and Vietsovpetro leaders and employees. (Photo: VNA) 
