JV Vietsovpetro was established in 1981 in accordance with the Intergovernmental Agreement between USSR and Vietnam.
Zarubezhneft and PetroVietnam became its participants.
In 2010, the senior leaders of Russia and Vietnam took the decision on continuation of cooperation within the frameworks of JV Vietsovpetro, and on December 27, 2010 in Hanoi the Intergovernmental Agreement was signed to extend the Vietsovpetro’s activity for another 20 years, until 2030.
At present, JV Vietsovpetro is a powerful industrial and technological complex for oil production, one of the most cost-effective oil producing enterprises in the Asia-Pacific region, an example of the most successful cooperation between two countries in oil and gas sector.
In recent years, JV Vietsovpetro has been coping well with stabilising the annual production at the level of more than 5 million tons and optimizing OPEX with a total effect of more than $100 million USD. This was achievable, first of all, thanks to the commissioning of new wells and fields as well as well intervention and efficient management of the formation pressure maintenance system.
Маркет - современная торговая площадка, многоцелевой инструмент повышения эффективности взаимодействия участников рынка. Сервис значительно сокращает время поиска и отбора наиболее выгодных предложений на рынке.