Deputy Prime Minister Hoang Trung Hai has proposed that PetroVietnamExploration Production Corporation (PVEP) focus on mapping outstrategies to boost its oil and gas exploration and exploitationoverseas.
Hai made the request at a ceremonythat PVEP held to receive the Labour Hero title in Hanoi on July 23.During the past 26 years of its construction and development, the PVEPhas become a leading corporation of the Vietnam National Oil and GasGroup in the field of oil exploration and exploitation.
Deputy PM Hai praised the corporation for ensuring energy securityand contributing to the national development and defence.
He also asked the corporation to keep a close eye on new developmentsin the East Sea and coordinate closely with relevant ministries andsectors to work out a master plan on further ensuring security andsafety for the implementation of offshore projects in the continentalshelf of Vietnam .
As of late 2013, thecorporation exploited more than 47 million tonnes of oil and condensateand 40.37 billion cubic metres of gas, raising reserve to 305.52 milliontonnes of oil equivalent. The PEVP also carried out explorations of 148wells including 24 newly discovered oil fields.
It managed or participated in the management of 43 oil and gasprojects at home. It has collaborated with foreign contractors to putmany fields into stable, safe and effective operation, including Su TuDen (Black lion), Su Tu Vang (Golden lion), Te Giac Trang (Whiterhinoceros), Hai Su Trang (White sea lion), and Dai Hung oilfield.
Besides, PEVP controlled or took part in the management of 20 oil andgas projects in 15 countries worldwide. It conducted exploration andexploitation activities at some oilfields in Malaysia , Peru andVenezuela .
From 2007 to 2013, the corporationgained 43.5 trillion VND (2.05 billion USD) in revenue and 23.8trillion VND (1.1 billion USD) in pre-tax profits. It also paid 14trillion VND (658 million USD) of tax to the state budget.-VNA
Hai made the request at a ceremonythat PVEP held to receive the Labour Hero title in Hanoi on July 23.During the past 26 years of its construction and development, the PVEPhas become a leading corporation of the Vietnam National Oil and GasGroup in the field of oil exploration and exploitation.
Deputy PM Hai praised the corporation for ensuring energy securityand contributing to the national development and defence.
He also asked the corporation to keep a close eye on new developmentsin the East Sea and coordinate closely with relevant ministries andsectors to work out a master plan on further ensuring security andsafety for the implementation of offshore projects in the continentalshelf of Vietnam .
As of late 2013, thecorporation exploited more than 47 million tonnes of oil and condensateand 40.37 billion cubic metres of gas, raising reserve to 305.52 milliontonnes of oil equivalent. The PEVP also carried out explorations of 148wells including 24 newly discovered oil fields.
It managed or participated in the management of 43 oil and gasprojects at home. It has collaborated with foreign contractors to putmany fields into stable, safe and effective operation, including Su TuDen (Black lion), Su Tu Vang (Golden lion), Te Giac Trang (Whiterhinoceros), Hai Su Trang (White sea lion), and Dai Hung oilfield.
Besides, PEVP controlled or took part in the management of 20 oil andgas projects in 15 countries worldwide. It conducted exploration andexploitation activities at some oilfields in Malaysia , Peru andVenezuela .
From 2007 to 2013, the corporationgained 43.5 trillion VND (2.05 billion USD) in revenue and 23.8trillion VND (1.1 billion USD) in pre-tax profits. It also paid 14trillion VND (658 million USD) of tax to the state budget.-VNA
