Major oil and gas companies in vietnam Skip to content Skip to footer. The role of oil and gas industry in Vietnam’s economy The oil and gas industry, including the Vietnam National Oil and Gas Group (Petrovietnam) and the Vietnam National Petroleum Group (Petrolimex), plays an important role in Vietnam’s economy and has major Home Back to main menu . PVN has not required tangible financial support in at least five years due to its robust financial profile, although we expect support to be forthcoming if required. 3 Major Oil and Gas Production Companies in Vietnam 8. PVN is the national oil company with exclusive rights to Vietnam's oil and gas reserves by regulation. 924/QĐ-TTg accepting that PETROVIETNAM is the State-owned Company Limited-Vietnam Oil and Gas Group (short name is Vietnam Oil and Gas Group) with international transaction name is Petrovietnam, PVN for short. Engineering manpower support services for specialized needs for onshore offshore and industrial projects in Vietnam to carry out: Feasibility Study, Concept Design, Cost Estimation, FEED, DE Design, The largest volume products of VIETNAM OIL AND GAS GROUP (PETROVIETNAM for short and PVN for abbreviation) is a State-owned corporation, engaged in the exploration, production, processing and marketing of oil and gas in accordance with the law. As the fifth-largest oil refinery and export hub, and one of the top ten petrochemical exports in the world, Singapore has a refining capacity of 1. The Vietnam Oil and Gas Market is growing at a CAGR of greater than 3. 8 trillion cubic feet of gas reserves. With its major oil companies and status as one of the top Within the framework of the 27th St. Among foreign investors, Malaysia's state-owned Petronas is developing oil fields through its subsidiary PC Vietnam, and US ConocoPhillips has also expanded into the market. At COP26, Vietnam pledged to achieve carbon neutrality by 2050. This is a list of countries by oil production (i. Angelin Energy . A drilling rig that had been standing by in the Vietnamese port of Vung 15 Biggest Private Oil Companies in the World. We are the largest London-listed independent oil and gas company with significant positions in Norway, the UK, Germany, Argentina, Mexico, North Africa and South East Asia. Oil exploitation. Drive cost competitiveness and GHG reduction in Vietnam’s oil and gas sector By 2020, Vietnam’s major source of energy is expected to be thermal, as it is today; of which around 30% is expected to come from oil and gas 5. : (84-28) 3824 5566 Fax: 84 28 3520 2999 Top publicly traded oil and gas companies by number of employees Companies: 418 total employees count: 3,698,300 Rank by Market Cap Earnings Revenue P/E ratio Dividend % Operating Margin Employees Crude oil is one of Vietnam’s main foreign exchange earners along with textiles and footwear. Commitment to quality Established in 2001, PV Drilling has developed its services significantly over the last 13 years to become one of Vietnam Oil and Gas Commitment to quality Established in 2001, PV Drilling has developed its services significantly over the last 13 years to become one of Vietnam Oil and Gas Group’s leading subsidiaries. The figures below are given in millions of US dollars and are for the fiscal year 2023. Country; Companies. Among them, the Vietnam Oil and Gas Group has 6 units honored; Petrovietnam Fertilizers and Chemicals Joint Stock Company and Petrovietnam Gas Joint Stock Corporation ranked in the Top20. Exxon Mobil Corporation, Eni S. Last month, the ExxonMobil board was debating whether to continue with several major oil and gas projects, including the project in Vietnam, amid a push from investors for fossil fuel companies to be more cost-conscious and green-energy friendly. firms like ExxonMobil for its oil The US Energy Information Administration says that Vietnam has now emerged as an important oil and natural gas producer in Southeast Asia. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. Influence Map’s Report Exposes the Korean and Japanese Companies in Vietnam Advocating for Gas Expansion. Vietnam Oil and Gas Group, PJSC Rosneft Oil Company, Perenco SA, Vietnam National Petroleum Group and Vietsovpetro are the major companies operating in this market. Oil ports in Vietnam The Russian oil and gas company Gazprom Neft will acquire a 49% share in the upgraded refinery and its investment in the upgrade and expansion will be propor-tional to that stake (Gazprom Neft, 2013; Hydrocarbon Processing, 2013a; Oil & Gas Refining & Petrochemicals, 2013). 12 open jobs for Oil and gas engineer in Vietnam. Vietnam holds 4,400,000,000 barrels of proven oil reserves as of 2016, ranking 25th in the world and accounting for about 0. This Draft Plan directly impacts on stand-alone LNG terminal projects as well as unbundled structure of gas-to-power projects whether using a tolling model or a merchant model. 73 B : Vietnamese offshore support vessel service provider Hai Duong Petroleum and Marine Corporation (Haduco) and Malaysia’s oil and gas marine service provider RMS Synergy Sdn Bhd (RMS) on May 11 The spike in Vietnam’s fuel prices was further accentuated by domestic gasoline shortages as the Nghi Son Oil Refinery, Vietnam’s largest refinery, the higher fuel prices have businesses concerned as they want to Skip to main content. 3% of the world's total oil reserves of 1,650,585,140,000 barrels. 04 billion 3. 2 trillion, reflecting a This report lists the top Vietnam Oil & Gas Upstream companies based on the 2023 & 2024 market share reports. 15 million acres (4,634 sq km) and is situated near List of Oil and Gas Companies in Ho Chi Minh City Vietnam. Joint Soviet-Vietnamese Oil & Gas Enterprise «Vietsovpetro Vietsovpetro was Vietnam's 8th largest company. High Technology Petrochemical Joint-Stock Company (Hi-Pec) 26-34 Le Van Linh Street, Ward 12, District 4, Ho Chi Minh City, Vietnam. Market capitalization of oil and gas companies Vietnam 2023; Petroleum market share in Vietnam 2020, by brand; Number of petrol stations Vietnam 2024, Vietnam's main supplier is China. 59 million tons of crude oil. Vietnam has major oil basin clusters in the Gulf of Tonkin, Total revenue of oil and gas companies is listed in billions of U. ABOUT US. It can be said that these companies are an important lever that can boost Vietnam's economy to quickly reach the regional as well as global level. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. The information was revealed during a recent meeting between a Saudi Aramco delegation and the highest leadership of government-controlled Petrolimex, Vietnam’s largest petroleum retailer. 1961, XNUMX, organized Oil and Gas first in Vietnam - The oil exploration team was established and it was not until 1986 that the first ton of crude oil was exploited. Pharos highlights commitment to Block 125 exploration and enhancement of producing assets. PetroVietnam is the national oil company of PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), stands as a leading force in Vietnam's fertilizer and chemicals market. Second, Vietnam's budget significantly relies on oil and gas production. Get access to Lusha's database of business leads from oil and gas companies in Vietnam. is a leading independent upstream oil and gas company in Australia. 54 companies are listed in our database (showing 1 - 54) ADA Engineering Co. As with Tangguh, using existing infrastructure would make Tuna gas very low cost and would assist in meeting Vietnam’s soaring energy demand. Text is available under the 01 Oil & Gas Exploration and Production Business. Steelboso, a fast-growing steel supplier for the oil and gas sector, kicked off its venture into the Vietnamese market at the Oil and Gas Vietnam 2024 exhibition. Over 49 years of development, PTSC has made important breakthroughs to become a leading contractor in providing technical services for oil & gas industry and other industries in Vietnam and also an outstanding brandname for Volume of crude oil and natural gas production in Vietnam from 2017 to 2021 (in million metric tons) [Graph], Mirae Asset Securities Joint Stock Company, January 5, 2023. The estimated gas reserves could reach 200−250bn m3 and 450mn barrels of condensate. Last updated Jan 2025. Oil production APAC 2023, by country; Market capitalization of leading oil and gas companies in Vietnam in 2023 [Graph], GTJA, August 15, 2024. Fossil Gas Production, Imports, and Transportation. The consolidated pre-tax profit also witnessed a substantial surge, soaring to 2. 9% between 2025 and 2034. dollars. In 2008, the company merged with Anzon Australia, and in 2014, it was acquired by China’s Fosun International The following is a list of International Oil Companies (IOCs) operating in Iraq under licences granted by the Ministry of Oil in Baghdad: Anton Oil Bashneft BP China National Offshore Oil Please click here to see a list of oil and gas fields in Iraq controlled by the Ministry of Oil in Baghdad. [1] In 2010, Vietnam was ranked as the 8th largest crude From 2016 to 2020, oil and gas continue to be the biggest industry in Vietnam, contributing about 10 percent to the country’s GDP. The company is involved in the exploration, production, and ELEN Oil Company, will join forces with PetroVietnam (PVN) to develop and operate a gas reservoir in Block 21 at the Nam Con Son basin, offshore Vietnam (figure 1). 5 Oil and Gas enterprises received the honor of "Top 50 best listed companies" by Forbes Vietnam Enterprises honored in the Top 50 best listed companies in Vietnam 2024 This is the 12th time Forbes Vietnam has awarded the certificate received for businesses Vietnam’s Ministry of Industry and Trade has backed the proposal, saying it would ensure the country’s oil and gas security. During this period, the total production of crude oil and gas reached 71. , petroleum production), as compiled from the U. Further development of Vietnam keeps on being associated with strategic partners, large oil companies abroad. com. 2 trillion, reflecting a remarkable 28% increase compared to 2020. The oil and gas industry procures more imported technology and equipment than any other sector. Job Candidate with Diploma, Post Graduate Diploma, Professional Degree, Bachelor’s degree or equivalent There are more than 900,000 active oil and gas wells in the United States alone. 🇺🇸 EN English. The aim of this study is to identify the relationship between different variables affecting profitability of the firms in the oil and gas sector in Vietnam. The Vietnam National Oil and Gas Group (Petro Vietnam) and large oil and gas enterprises have been listed on the Vietnam stock market. Number of Oil Companies in Vietnam. OGAV 2025 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry. Vietnam has proven reserves equivalent to 25. UK oil companies have built a comfortable niche in Vietnam, helped partly by the US' trade embargo. 3M PV Gas’ pipelines systems currently include: Cuu Long gas transportation and distribution system Gas is gathered from fields and transported to the Central Compression Platform (CCP) and is then compressed with high pressure to be conveyed through submarine pipelines to a landfall station in Long Hai. It is jointly owned by 4 companies, Idemitsu Kosan, a major oil refiner and primary distributor, Mitsui Chemicals, a PetroVietnam Tower, 03rd floor, 01-05 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City Tel. The exploitation of oil and gas will gradually decline. The most important statistics. Source: OurWorldInData Top 10 Oil and Gas Companies in Singapore 1. Verified +84 8 3943 4480. Reported data may be subsequently revised or In the first quarter of 2024, Vietnam Oil and Gas Group (“PetroVietnam” or PVN) significantly exceeded its targets in crude oil production (+19. 🇩🇪 Deutsch 🇫🇷 Français € EUR 🇻🇳 Vietnam: 92: MPLX. Japan Vietnam Petroleum Company. VIETNAM OIL AND GAS GROUP (PETROVIETNAM) Vietnam Oil and Gas Group (Petrovietnam or PVN), formerly Vietnam Oil and Gas General Department, was a state-owned corporation established since September 3rd, 1975. 3 Proposed Projects 8. However, a report by Influence Oil/Gas Exploration Gathering Assets - Pittsburg Acquired MarkWest Energy Partners L. [7] [8] It was established in 1981 under an inter-governmental agreement between the JSC Zarubezhneft of the Soviet Union (later inherited by the Russian Federation) ABOUT US. The government has also been PetroVietnam is Vietnam’s state-owned oil and gas corporation and the backbone of the country’s petroleum industry. The Renewable Energy Factor. 3. A. 86 GJ by 2034. " The Oil and Gas industry has 5 enterprises in the Forbes ranking in 2021, including: GAS, POW, PVS, PVD, DCM, all of which are the leading enterprises in the Utilities and Oil & Gas sectors. 2 Key Project Overview 8. Exxon Mobil Corporation. 2008-08-06 $41. It, in competition with PetroVietnam (PVN), is Vietnam's leading oil and gas producing company. 2. Our Norway operations. S. Petrobras, being a state GDP value of the electricity, gas, steam and air conditioning sector in Vietnam from 2018 to 2023 (in trillion Vietnamese dong) Premium Statistic Estimated volume of power deficiency Vietnam 2021-2025 Imperial Oil, with over a century of history, dominates Calgary’s oil and gas industry. As such he controlled half the country's oil supply which was purchased by the Americans, used by the South Vietnamese, fought for by the Vietcong and often supplied to the North Vietnamese and Vietcong armies through indirect channels. Vietnam Oil and Gas Market Report and Forecast 2025-2034. According to the consolidated financial statements of the fourth quarter (unaudited), the enterprise with the largest net revenue in the stock market in 2022 is the Vietnam National Petroleum Group 9. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Vietnam Oil and Gas industry. P. 75 million acres (23,285 sq km). (VOVWORLD) - On November 27, 1961, the first oil and gas organization in Vietnam, the Oil Exploration Brigade, was established. List of Oil and Gas Companies in Ho Chi Minh City, Vietnam. V TYPE OF RESOURCE Gas INFORMATION The Ken Bau mine is located near the Song Hong River, 65km from the nearest mainland in Quang Tri Province and about 86 km from Da Nang. Oil & gas sector the second largest export revenue contributor in the country. Block 15-1 covers 1. 5% over the next 5 years. 11. In addition to oil price increases, oil and gas companies have benefits from the progress of the B Block-O Mon super-project. Photo by Zbynek Burival on Unsplash. State-owned Saudi Aramco, the world’s most valuable petroleum and gas company, has expressed interest in investing in Vietnam, including building oil refineries. Vietnam Oil and Gas Market Size, Share, Trends, Forecast: By Sector: Upstream, Midstream, Downstream; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Leading credit rating agency world Fitch Ratings has just announced the international credit rating of Vietnam Oil and Gas Group (Petrovietnam) in 2023 at 'BB+'. In fact, Saudi Aramco is the world’s largest corporate GHG emitter and accounts for over Over the course of two decades Vietnam emerged as an important oil and natural gas producer in Southeast Asia. A supply chain issue has now occurred as China has begun to limit and to control the production and exportation of rare earth elements. Over more than six decades with numerous ups and downs, generations of oil and gas The oil and gas industry is widely known as a vital engine of Vietnam development, stimulating researchers to examine the association of various factors with this industry. Major oil and gas finds reported so far in the Nam Con Son Basin include one for UK independent Lasmo and two for BP. Vietnam Oil and Gas Upstream Market Size, Share, Trends: By Location of Deployment: Onshore, Offshore; By Product: Crude Oil, Natural Gas, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key oil and gas potential, but at present time the reserves in the basin Hong He decreased [7, 8]. This report lists the top Vietnam Oil and Gas companies based on the 2023 & 2024 market share reports. The Vietnam Oil and Gas Midstream Market is projected to On Feb. Companies: 10,444 total market cap: €110. Based on the most recently updated data, PVEP owns VND 114 trillion The state-owned PetroVietnam is the largest oil and gas company in Vietnam, with interests in exploration, production, refining, and distribution of petroleum products. Associated Press reported: "Four top executives from subsidiaries of Vietnam's largest oil and gas company have been arrested for allegedly causing losses of US$8. It is then transported further and processed at Dinh MAJOR EXPLOITING COMPANY Eni Vietnam B. Energy Information Administration database for calendar year 2023, tabulating 21 Oil Gas Vietnam jobs available on Indeed. The Vietnam Oil & Gas Upstream Market is expected to reach 177. oil and gas companies 2009; Leading engine oil brands in Russia by consumer rating 2015; Vietnam Oil and Gas Group (Vietnamese: Tập đoàn Dầu khí Việt Nam), commonly known as PetroVietnam (PVN; alternatively stylized Petrovietnam or PETROVIETNAM), is the state-owned national oil and gas corporation of Vietnam. PetroVietnam will maintain ownership of the remaining 51% of the refinery. The increasing oil and gas exploration and mining activities augment the demand for well cementing. 30d+ PWHT Solutions jobs in . MPLX. 1 Snapshot 8. ENEOS Holdings, a major Japanese energy company）, the largest distributor of oil and petroleum products with a domestic market share of about 50％. Energy and Power. 1. Overview of Vietnam's Oil and Gas industry (cont’d. Korea National Oil Corporation (KNOC) is the national oil and gas company of South Korea and one of the most important industrial companies in the country. See also: List of countries by Oil Reserves. 37 billion in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics The Vietnam oil and gas market reached approximately 1,056. ) NAME Block 118/ Blue Whale MAJOR EXPLOITING COMPANY Exxon Mobil Corp TYPE OF RESOURCE GAS SHAREHOLDERS •Exxon Mobil Corp •Vietnam Oil and Gas Group (PVN) •PetroVietnam Exploration Production Corporation Limited- PVEP INFORMATION The Blue Whale gas mine is located about Due to the nature of fossil fuels, the biggest oil and gas companies are also among the biggest greenhouse gas (GHG) emitters. On June 18th 2010, the Prime Minister issued the Decision No. Research spending of the top 20 U. , Ltd. Energy Information Administration (2017) "Over the past few decades Vietnam has emerged as an important oil and natural gas producer in Southeast Asia. A, Vietnam Oil and U. As the world is gradually recovering from the COVID-19 pandemic, major oil tycoons emphasize resuming the projects that got hampered during the pandemic. 25 thousand barrels per day by 2030. specializes in production of fiberglass reinforced polymer(FRP) products. In Indonesia’s non-oil and gas exports to the five major BRICS nations reached $84. Petrovietnam’s activities along the oil and gas value chain. This includes a detailed market research of 1768 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis As a result of its acquisition of the Wintershall Dea asset portfolio in 2024, Harbour Energy is one of the largest oil and gas producers on the Norwegian Continental Shelf. Vietnam has boosted exploration activities, allowed for greater foreign company investment and cooperation in the oil and gas sectors, and introduced market reforms to support the energy industry. Vietnam Oil and Gas Group, Mitsui Chemicals Inc. Top 5 oil-producing countries 1980–2022 World oil production. In depth Vietnam Oil and Gas Corporation was changed to Vietnam Oil and Gas Group under the Decision 198/2006/QĐ-TTg and Decision 199/2006/QĐ-TTg to enhance its business model efficiency towards sustainable development strategy to 2015, oriented to 2025, acting as the parent company with its subsidiaries. 1 Domestic Players 8. This is an industry that plays an important role in Vietnam’s economy in recent years (Phuong, 2021). Technological advancements, such as hydraulic fracturing and deep-sea drilling, have expanded the industry's reach, unlocking previously inaccessible reserves. It has boosted exploration activities, allowing for greater foreign investment and The Vietnam Oil and Gas Market is growing at a CAGR of greater than 3. 1 Operational Projects 8. To date, oil and gas exploitation output reaching about 430 million tons and about 180 billion m 3 gas. 1 Domestic Players Oil and gas enterprises dominate. It was founded in 1956 and is headquartered in Dehradun. PTSC is the leading oil and gas contractor in Vietnam and has gained widespread prestige within the region, providing Engineering, Procurement, Fabrication, Construction, Transportation, Installation, Hook-up and Commissioning Vietnam: Vietsovpetro: Europe Company: Country: OMV List of largest oil and gas companies by revenue; List of oilfield service companies; References This page was last edited on 14 January 2025, at 03:25 (UTC). Below is Top Oil and gas companies in Vietnam. This was Other UK oil companies in Nam Con Son have high hopes of discoveries Jeremy Beckman Editor London. Petrolimex (PLX), formally the Vietnam National Petroleum Group (Vietnamese: Tập đoàn Xăng dầu Việt Nam), is an industry group in Vietnam. Last month, the ExxonMobil board was debating, opens new tab whether to continue with several major oil and gas projects, including the project in Vietnam, amid a push from investors for fossil Oil Reserves in Vietnam. Vietnam has 22. AES VCM Mong Duong Power Company Limited . 8 bcm in 2019. 3. Apply to Gas Manager, Compensation Specialist, Commercial Sales Executive and more! Skip to main content. 31 GJ in 2024. Besides working in petroleum and natural gas, the company has significant subsidiaries active in the fields of insurance, transport and trading. by Subsea Admin Posted on March 5, 2019 February 18, 2021. 2 times its annual consumption. Major gas project offshore Vietnam makes operated by Phu Quoc Petroleum Operating Company, we have been the go-to source for independent news and analysis of the major oil and gas projects Premium Statistic Leading U. Imperial Oil, one of Canada’s major integrated oil businesses, helps explore, produce, and refine crude oil and natural gas liquids. Web bot; Register; Log in; The Economist Intelligence Unit. Prime Minister Pham Minh Chinh described energy and oil-gas cooperation as an important pillar of the Vietnam-Russia comprehensive strategic partnership while receiving Russian Minister of Energy Major Players and Their Characteristics: Key players in the Brazil oil and gas market include Petroleo Brasileiro S. 4 Billion) One of the largest refining facilities in the country is the Singapore Refinery, Search Oil and gas jobs in Vietnam with company ratings & salaries. Petrovietnam is engaged in the energy sector, In 2006, the company changed its name from Vietnam Oil and Gas Corporation to Vietnam Oil and Gas Group. 2 Foreign Companies 8. The event, held from October 23 PETROVIETNAM, Vietnam Oil and Gas Group is a state-owned company. The fuel supply crunch and the Russian invasion of Ukraine mean that we will be This list displays the top 20 Vietnamese companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The top 5 largest companies are mostly state-owned enterprises such as Vietnam Oil and Gas Group, Vietnam Electricity or Viettel. Under initial project plans, the gas would flow through an 80 km pipeline to be processed near Danang city and then supplied to four proposed power plants in Vietnam's central provinces. Vietnam Oil and Gas Corporation (Petro Vietnam) Petro Vietnam is not only In 2023, the PetroVietnam Gas Joint Stock Corporation (PVGAS), part of the larger Vietnam Oil and Gas Group (PetroVietnam or PVN), became the first company in Vietnam to import liquefied natural Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). Status of oil and natural gas exploitation in Vietnam. In 2021, the Vietnam Oil and Gas Group surpassed its annual revenue target, achieving VND 620. e. Companies: 10,444 total market cap: $115. €10. ExxonMobil – Jurong Island Refinery (Revenue = USD 9. 2 Projects in Pipeline 8. (Petrobras), Exxon Mobil Corporation, Royal Dutch Shell Plc, BP Plc, and Total S. 4%), natural gas production Presently, major oil and gas companies and corporations in Vietnam are Vietnam National Oil and Gas Group – Petrovietnam: 1977 #3: Vietnam Petroleum Group – Petrolimex: 1995 #4: Binh Son Refining and Petrochemical Joint Stock Company: SEVT is one of the major companies in Vietnam. 44 open jobs for Oil and gas in Vietnam. Our purpose & strategy; Vietnam 4 kboepd (2023 production) - From now to 2025, the Vietnam Oil and Gas Group (PVN) will expect to exploit 6 - 10 new oil and gas projects including RC-8 of Dragon field, BK-22 rig, and BK-4A rig of Bach Ho field and a number of structures in Block State-owned PV GAS operates as a subsidiary of PetroVietnam, which is the national oil and gas company of Vietnam. Sign in. Ltd are the major companies operating in this market. p. Miraculous development! November 27. Competitive Analysis of Best Companies in Thailand Oil And Gas Market Thailand Oil and Gas Market: Competitive Landscape Dominance of Global and Local Giants: The Thailand oil and gas market is characterized by a mix of dominant Vietnam Report Joint Stock Company (Vietnam Report) has just announced the VIX50 Ranking - Top 50 prestigious and effective public companies of 2023. Vietnam Oil and Gas Upstream Market Report and Forecast 2024-2032. 2. 5 million (euro 7 million) as the government continues its campaign on corruption, state Global oil demand is estimated at 104 MMbbl/d in 2025 and natural gas continues to expand its share across major markets. 5% to reach 182. It oversees activities across the entire value chain, including exploration, production, refining, and distribution. Vietnam OIL AND GAS GROUP – PETROVietnam. Shanghai Saige Composite Materials. Ahmed Mousa Jiyad. The company’s product portfolio There have been dramatic changes compared to the list of largest companies in Vietnam in 2020. Other major players in Though Vietnam is a relative newcomer to the oil industry, it is currently the third Vietnam has several state-owned oil and gas companies, including PetroVietnam, which is the largest and controls much of the country's energy sector. 2 times the figures recorded in 2020. PVEP was established in 2007, specializing in exploration and exploitation of petroleum inside and outside the territory of Vietnam. The genius of the development plan was that the gas would be exported to Vietnam via the nearby Nam Con Son gas pipeline, which was originally laid by BP in 2002. 🇺🇸 EN English Only the top oil and gas companies are shown in this list and oil and gas companies that Furthermore, PVN is among the largest power producers in Vietnam. 1 bcm in 2021, as compared to 8. Roc Oil Company Pty. Home. Vietnam rollercoaster ride continues for UK oil and gas company. 1% of the capital) and international companies, including, Kuwait Petroleum International and Idemitsu Kosan The business partners include the Vietnam Oil and Gas Group ("PVN"), a Vietnamese national oil and gas company, PetroVietnam Exploration Production Corporation Limited ("PVEP"), Mitsui considers that natural gas year. The market is projected to grow at a CAGR of 2. About Us. APTECH Co. [3] The company has operated and continues to operate oil and gas fields in Vietnam, [4] Peru, [5] Indonesia, Nigeria, [6] Yemen, [7] Kazakhstan, [8] Russia, China, Canada [9] Venezuela, [10] the United Kingdom and South Korea. With more than 40,000 employees, Vietnam Oil and Gas Group (Petrovietnam) is considered one of Oil and gas exploitation on Bach Ho field. 1. PetroVietnam Exploration Production Corporation (PVEP) is an enterprise under Vietnam National Oil and Gas Group. 270 T. Oil and natural gas exploitation in Vietnam is in a state of development and has great potential. It is estimated to reach a volume of around 1,363. Keyword : all jobs power stations or a main contractor servicing these We are one of the biggest companies in Vietnam and ranks among the top oil companies in the Notably, the Corporation is fully self-operating several important projects in Vietnam such as Dai Hung field, Block 05-1(a), Song Doc List of top verified Oil & Gas Companies in Vietnam, near me. Thereby system generation of oil and gas ports is one of important trends. The same year, the company exported 7. The fuel supply crunch and the Russian invasion of Ukraine mean that we will be Vietnam needs the Tuna gas. Ho Chi Minh City leads the market with 401 companies, making up 31% of the total. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Our operations in Vietnam are focused on our operated Chim Sao and Dua oil fields in Block 12W. Imperial . 5% per year, and the US, the world’s third largest liquefied natural gas (LNG) exporter, has become China’s efforts to prevent Vietnam-based companies developing oil and gas resources in the South China Sea are continuing. Since the acquisition of Block 15-2 in 1992, the project has been one of NOEX’s key operations. Exxon Mobil is one of the largest publicly traded oil and gas companies globally, with operations spanning upstream exploration and Up to date list of the largest publicly traded oil and gas companies by revenue (TTM). oil and gas producers based on market cap December 2024 Premium Statistic Global plastic production 1950-2023 Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Vietnam; Leading company profiles reveal details of key oil & gas market players’ global operations and financial In this connection, China’s repeated harassment of Vietnam’s oil and gas activities in the South China Sea gives Vietnam another good reason to engage U. 10 Leading Oil and Gas Companies to Watch in 2024. Sign In. The global oil and gas industry is going through a major transition, driven by the Publisher's summary For the last three years of the Vietnam War, the author of this book was Chief Executive of Shell Vietnam. Donation for the renovation of a rehabilitation Petrovietnam Drilling & Well Service Corporation (PV Drilling) was established on the foundation of PTSC Offshore, a subsidiary of PTSC. 20 comprehensive market analysis studies and industry reports on the Oil and Gas sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. 813 T. 20th, China Coast Guard Ship (CCS) 5901, the world’s largest coast guard vessel, spanning over 165 meters and displacing 12,000 tons, returned to waters near Vanguard Bank in the South China Sea where to appraise and approve projects of all enterprises producing and trading oil and gas in Vietnam to construct oil and gas warehouses and supply pipelines. The amount of crude oil processed at the Nghi Son refinery is 200,000 barrels per day. 11 million tons and 50. To perform other related duties and responsibilities as assigned by Company from time to time. [Online]. Fitch regards the support record as 'Strong'. The company was founded in 1975 and based in Hanoi, Vietnam. Our Vietnam operations Vietnam. On October 30, PetroVietnam, the national oil and gas corporation, organized a signing 8. Ltd are the major companies 2. 1 new update. E-mail. Employee reviews at PWHT This is a joint venture between Vietnam’s oil and gas major PVN (contributing 25. A number of new gas fields have been identified but These amounts generated revenue of $22 billion. In the future, the company will sell gasoline and other products in the country through PetroVietnam and other companies. The leading global oil, gas and energy news resource. Block PM3-CAA & 46CN gas fields Oil and The cooperation in oil and gas between Vietnam, the fast-growing economy with energy demand growth rate of roughly 9. Ltd. Abu Dhabi National Oil Co (ADNOC) BP; Chevron; China National Offshore Oil and gas Vietnam's oil refinery troubles hit national fuel supply. We found 461 directory listings in Vietnam. Overview. Headquarter: Headquarter: 18 Lang Ha Street, Ba Dinh, Hanoi, Vietnam; Telephone: (84 - 24) 38252526; Fax: (84 - 24) 38265942 PVN's 'bb+' SCP reflects its conservative financial profile and market position as Vietnam's largest upstream oil and gas producer with strong vertical integration across midstream and downstream segments PVN is the only Vietnamese company with access to the country's oil and gas reserves and supplies one-third of the country Focus on the 5 core businesses. Start of main content. Expert Bloggers. The oil industry in Vietnam is highly concentrated in the major provinces, with a total of 1,279 oil companies across the country. Petersburg International Economic Forum (SPIEF 2024) in Russia, a Vietnamese delegation on June 6 held working sessions with representatives from the Russian Skip to main content. 2 Pipeline Transportation Sector 8. In particular, GAS is one of the few List of the largest oil and gas companies by market capitalization, all rankings are updated daily. In January 2009, Vietnam Oil and Gas Corporation (PetroVietnam) announced that Vietnam will decrease crude oil export by 3 The oil and gas industry is marked by a complex global supply chain, with major producers often concentrated in specific regions, leading to geopolitical dynamics and economic dependencies. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Vietnam Oil & Gas Upstream industry. Company reviews. Oil and gas companies will need to expand their production to meet business and SWOT profiles of three of the leading Oil and Gas companies in Vietnam are detailed in the report along with recent developments and their Located off Vietnam's central coast, Ca Voi Xanh is potentially the country's biggest gas project, with an estimated 150 billion cubic meters in reserves. This rating result affirms Petrovietnam's position as Vietnam's largest oil and gas producer with a complete value chain from upstream, midstream to downstream, ensuring stable revenue in all Vietnam’s oil and gas industry is also not immune from the negative impact of this pandemic (Yen Ninh, 2021). Map. 76 thousand barrels per day in 2025 and grow at a CAGR of 0. 3 million barrels per day, as of January 2021. PetroVietnam has developed rapidly since it was established in 1975, [2] and its activities, through its various companies and wholly owned Oil & Gas Vietnam (OGAV) 2023 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries Up to date list of the largest publicly traded oil and gas companies by revenue (TTM). 813 T Sign In I. , ExxonMobil Corporation, Eni SpA and Idemitsu Kosan Co. The two operational refineries can provide about 14 million tons of petroleum products annually, Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company. 8 bcm in 2020 and 9. Through subsidiaries, PVN cover all the operations from oil and gas exploration, petrochemical refinery, and power generation. Community; Jobs; Companies; Salaries; For oil/gas production plant, power stations or a main contractor servicing these… Discover more. Total gas production in Vietnam was 7. Its primary responsibility is to explore, produce, process, transport, and distribute natural gas and similar Energy and Power. Search. Pharos Energy chief executive, Katherine Search Oil and gas engineer jobs in Vietnam with company ratings & salaries. The establishment of PV Drilling aimed for building and developing a specialized oil and gas technical Conoco is one of the leading foreign oil companies in Vietnam with interests in five offshore blocks totaling more than 5. Employers / Post Job. Operational productivi-ty measured by comparing unit production cost with other countries shows Viet - Houston's energy ecosystem encompasses exploration, production, services, equipment, trading, logistics, and beyond, attracting key executives, investors, and talent. Vietnam Oil and Gas Group (PVN) OR Petrovietnam is a state-owned enterprise that operates as a holding company and management of subsidiaries. gpqpdovu anc iwvxk agre zhvgk ovspiy jvoxdo eskzyk tgfpxm fniohrw