Company:Vietsovpetro
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| VIETSOVPETRO | |
Native name | Liên doanh Việt – Nga Vietsovpetro |
| Formerly | Joint Soviet-Vietnamese Oil & Gas Enterprise «Vietsovpetro» |
| Type | Joint venture |
| Industry | Petroleum industry |
| Founded | 1981 |
| Headquarters | Vung Tau , Vietnam |
| Products | Crude oil, natural gas |
Production output | 3.1 million tonnes of crude oil, 0.91 billion cubic metres of natural gas (2021)[1] |
| Revenue | Over US$1.68bn (2021)[1] |
| Parent | Petrovietnam (51%)[2] Zarubezhneft (49%)[2] |
| Website | www |
The Russia-Vietnam Joint Venture – Vietsovpetro[3] (VSP; [4]Vietnamese: Liên doanh Việt – Nga Vietsovpetro, lit. 'Viet-Russo Joint venture Vietsovpetro', [5]Russian: Совместное российско-вьетнамское предприятие «Вьетсовпетро», romanized: Sovmestnoye rossiysko-v'yetnamskoye predpriyatiye «V'yetsovpetro», lit. 'Joint Russian-Vietnamese venture «Vietsovpetro»') is a joint Russia -Vietnamese enterprise for oil and gas exploration headquartered in Vung Tau, Vietnam.[6] According to the VNR500 (Top 500) ranking, Vietsovpetro was Vietnam's 8th largest company.[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) and Vietnam's state-owned Petrovietnam, with each side holding half of stake.[9]
On 10 December 2010, VietsovPetro agreed to extend its cooperation with JSC Zarubezhneft for 20 years until 2030. As per the new arrangement, PetroVietnam will hold a 51% stake in the joint venture with the Russian company holding 49%.[9]
See also
- List of oil exploration and production companies in Asia
References
- ↑ 1.0 1.1 "Vietsovpetro announce end of year results". Tuoi Tre News. 31 December 2021. https://tuoitrenews.vn/news/business/20211231/vietnamrussia-joint-venture-tops-2021-revenue-target-by-49-earning-168-billion/64999.html.
- ↑ 2.0 2.1 Hieu Anh (31 December 2010). "VietsovPetro success story to get a new chapter". Vietnam Investment Review. http://www.vir.com.vn/vietsovpetro-success-story-to-get-a-new-chapter.html.
- ↑ "Introduction - Joint Venture "Vietsovpetro"". https://www.vietsov.com.vn/Eng/Pages/Introduction.aspx.
- ↑ "Giới thiệu - Liên doanh Việt - Nga "Vietsovpetro"" (in vi). https://www.vietsov.com.vn/Pages/GioiThieuCT.aspx.
- ↑ "О НАС - Совместное российско-вьетнамское предприятие «Вьетсовпетро»" (in ru). https://www.vietsov.com.vn/rus/Pages/Introduction.aspx.
- ↑ "Vietnam". Zarubezhneft. http://www.nestro.ru/en/operations/upstream/vietnam/.
- ↑ "Vietnam's top 500 firms in 2015 named". VietNam News. 4 December 2015. http://vietnamnews.vn/economy/279391/viet-nams-top-500-firms-named.html.
- ↑ "TOP 500 doanh nghiệp lớn nhất Việt Nam" (in vi). Vietnammonitor – Vietnam Report. http://www.vnr500.com.vn/Charts/Index?chartId=1.
- ↑ 9.0 9.1 Dao Dang Toan (14 December 2010). "Russia, Vietnam extend VietsovPetro JV agreement". Platts. http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/8296794.
External links
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