PM3 CAA Block: A Symbol of International Partnership for Peace and Sustainable Development

In the context of Vietnam–Malaysia relations being elevated to a Comprehensive Strategic Partnership in 2024, the Vietnam National Industry – Energy Group (Petrovietnam) and the National Oil and Gas Company of Malaysia (Petronas) continue to affirm their pioneering role in bilateral cooperation, particularly in the energy sector, with the extension of the Production Sharing Contract (PSC) at the PM3 CAA Block.

Vietnam National Industry - Energy Group (Petrovietnam):A New Milestone – A New Vision for a Sustainable Development Journey

With a resolute commitment to core-level innovation and aiming toward future sustainable development goals, Petrovietnam has officially adopted a new designation: the Vietnam National Industry - Energy Group.

Petrovietnam – Petronas: A Strategic, Effective, and Sustainable Partnership

PV Shipyard Successfully Launches Offshore Substation Jacket for Taiwan Wind Power Project

On April 3, 2025, Petroleum Equipment Assembly and Metal Structure Joint Stock Company (PV Shipyard) successfully launched and handed over the jacket structure and four foundation piles for an offshore substation (OSS), part of a wind power project located in the waters off Taiwan (China).

Petrovietnam Enhances Strategic and Sustainable Cooperation with U.S. Partners

On April 3, 2025, Mr. Lê Mạnh Hùng, Chairman of the Board of Members of Petrovietnam, hosted a meeting with H.E. Marc Knapper, U.S. Ambassador to Vietnam. During the meeting, Mr. Hùng emphasized that strengthening cooperation with U.S. partners is a vital component of Petrovietnam's green and sustainable development strategy.

​​​​​​​PM3 CAA: A Vital Energy Source Breathing New Life into Vietnam’s Southernmost Region

More than 30 years after the commercial exploitation agreement between Vietnam and Malaysia was signed for the PM3 block, natural gas from the PM3 Commercial Arrangement Area (CAA) has been brought ashore and effectively utilized to boost Vietnam’s socio-economic development. It has invigorated the southernmost region of the country and contributed significantly to the growth of the Mekong Delta.

Petrovietnam and Armenia: Enhancing Energy Sector Cooperation

As part of the official visit to Armenia by the Chairman of the National Assembly of Vietnam, Trần Thanh Mẫn, on April 2, 2025, Petrovietnam participated in a bilateral business forum between Vietnam and Armenia aimed at enhancing investment and business partnerships.

Prime Minister assigns Petrovietnam and EVN as investors for two Ninh Thuan nuclear power projects

On April 1, 2025, the Prime Minister issued a directive assigning investors to implement the Ninh Thuan nuclear power projects.

Macroeconomic Forum Q1/2025: Economic and Foreign Policy Directions for 2025 – Opportunities and Challenges for Petrovietnam

Petrovietnam Chairman Le Manh Hung Welcomes Enterprise Singapore Leadership

Invitation to bid

To whom it may concern,

Petrovietnam Enhances Cooperation with Belgian Enterprises in Renewable Energy

On April 1st, in Hanoi, Petrovietnam Deputy General Director Lê Mạnh Cường hosted a meeting with a delegation of Belgian enterprises led by Mr. Geoffroy Clerckx, Director of Brussels International.

​​​​​​​Petrovietnam Implements Key Provisions of the 2022 Petroleum Law

In accordance with the 2022 Petroleum Law (effective from July 1, 2023) and with government approval, on March 31, 2025, Petrovietnam signed a Petroleum Sharing Contract (PSC) for Block 15-2 in the Cuu Long Basin. The contract was signed in collaboration with the contractor consortium, including Japan Vietnam Petroleum Company Limited (JVPC)—a wholly owned subsidiary of ENEOS Xplora, Japan—and Petrovietnam Exploration Production Corporation (PVEP).

Petrovietnam and ENE Vietnam: Exploring Opportunities for Cooperation in the Green Transition

On March 27th in Hanoi, Mr. Le Manh Cuong, Vice President of Petrovietnam, welcomed Mr. Giacomo Spadini, Managing Director of ENI Natural Energies Vietnam LLC (Italy), for a working session to discuss potential areas of collaboration.

The Application of Artificial Intelligence in Maintenance and Repair: An Inevitable Trend in the Gas and Petrochemical Industry

Amidst the sweeping digital transformation, Petrovietnam’s Gas and Petrochemical sector cannot afford to remain on the sidelines. The integration of artificial intelligence (AI) into maintenance and repair (M&R) not only optimizes processes but also strengthens competitiveness across the entire industry.

Science, Technology, and Innovation: A Path for Petrovietnam’s Fundamental Transformation

Recently, Petrovietnam organized a scientific conference themed "Strategic Technological Orientations and Solutions to Promote Science, Technology, and Innovation at Petrovietnam."

PV Drilling 11 completes its pioneering mission

The land rig PV DRILLING 11 has spent 17 years pioneering its way to the ocean and achieving numerous successes in the North African market, making a significant contribution to actualizing the vision of “Becoming a reliable and reputable oil and gas drilling contractor and technical service provider worldwide”. Currently, the PV DRILLING 11 has successfully completed its mission and concluded its pioneering journey.

BSR: The Journey to 50 Million Safe Work Hours

On February 27, 2025, the work hour counter of Binh Son Refining and Petrochemical Joint Stock Company (BSR) reached the milestone of 50,000,000 safe work hours with no lost-time incidents.

Petrovietnam Enhances Economic and Trade Cooperation with US Partners

During an official visit to the United States, Vietnam's Minister of Industry and Trade, Nguyen Hong Dien, led a working delegation—including representatives from Petrovietnam Group and its subsidiaries—to engage with the US Trade Representative (USTR), the Department of Energy (DOE), and other relevant agencies. As part of this trip, Petrovietnam and its member units signed several economic and trade cooperation agreements with US partners.

Petrovietnam accelerates E&P activities as a foundation for sustainable “double-digit growth”

Oil and gas exploration and production (E&P) has always been a core business, making a substantial contribution to Petrovietnam’s goals, plans, and development strategies.