The PetroVietnam Exploration Production Corporation (PVEP) extracted 2.6 million tonnes of oil equivalent in the first eight months of this year, surpassing the target by 2 percent and equivalent to 68 percent of the yearly plan.
Hanoi (VNA) – The PetroVietnam Exploration Production Corporation (PVEP) extracted2.6 million tonnes of oil equivalent in the first eight months of this year,surpassing the target by 2 percent and equivalent to 68 percent of the yearlyplan.
The corporation saidits total oil output reached 1.83 million tonnes, and gas, 772 million cubicmetres, exceeding the set goals of 2 percent and 1 percent, respectively.
To complete theyearly target, PVEP will continue to work with operators to review and updatemethods in order to increase its exploitation.
At the same time,relevant units will further roll out technical measures to resume thecorporation’s exploitation at Platform DH-01 before November 1./.
The PetroVietnam Exploration Production Corporation (PVEP) has reported an oil equivalent output of 2.01 million tonnes in the first half of 2020, 4 percent higher than its target.
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Illustrative image (Photo: VNA) 
