Vietsovpetro, a fine symbol of Vietnam-Russia relations

Vietsovpetro has constructed a relatively complete complex of shore facilities, port warehouses and a technology system for maintaining oil and gas mining, including fourteen fixed and 26 light rigs. The firm aims to exploit 2.461 million tonnes of crude oil and bring in over US$1 billion in revenues this year.

Vietsovpetro’s attainment of the milestone of 220 million tonnes of crude oil has contributed significantly and actively to the common development of the two countries’ economies. The firm is a fine symbol of the traditional friendship and co-operation between the peoples of Vietnam and Russia.

Vietnamese engineers operate the air compressor system at Central Technology Platform No. 2 at Bach Ho Oilfield.

Over the past 35 years, Vietnamese and Russian engineers have worked together to mine more than 220 million tonnes of crude oil from Bach Ho and Rong Oilfields.

Vietnamese engineers have taken control of technological and technical devices in managing production and maintaining equipment.

In addition to the existing Bach Ho Oilfield, the venture also operates testing drills at a number of new oilfields such as Meo Trang (White Cat) and Tho Trang (White Rabbit) with high industrial reserves.

Vietsovpetro continues to accelerate search and exploration work on the Vietnamese continental shelf, both in deep-water and off-shore regions, and foreign countries.

The firm has a staff of highly qualified workers, who are taking steps to master oil and gas operations both at home and abroad.

Vietsovpetro’s Ca Mau Fertiliser Plant provides an annual output of 800,000 tonnes to the market.

The successful exploitation of the energy sources from sea has contributed significantly to the common economic development of Vietnam and Russia.