PETROVIETNAM EXPLORATION PRODUCTION CORPORATION

On March 26, 2026, at the headquarters of PetroVietnam Exploration Production Corporation (PVEP), PVEP hosted a working session with Mr. Andrey Vadimovich Panteleev, Deputy Governor of Tyumen Region, and a business delegation from Tyumen Region, Russian Federation

In the first quarter of 2026, PetroVietnam Exploration Production Corporation (PVEP), a member of the Vietnam National Industry – Energy Group (Petrovietnam), recorded total output of approximately 1.08 million tonnes of oil equivalent, reaching 107% of the quarterly plan and increasing by 136% compared to the same period in 2025.

On April 21, 2025, senior leaders from Zarubezhneft EP Vietnam (ZNEP) and PetroVietnam Exploration Production Corporation (PVEP) conducted a field visit to the Rong Doi Platform, Block 11-2 Project.

The Petrovietnam Exploration Production Corporation (PVEP), the Petrovietnam Oil Corporation (PVOIL), and the Binh Son Refining and Petrochemical JSC (BSR) have signed a contract to supply crude oil from the Dai Hung field to the Dung Quat refinery.

The Vietnam Oil and Gas Group( Petrovietnam) Exploration Production Corporation (PVEP) on July 14 signed contracts to supply crude oil to the Dung Quat Oil Refinery, and supply and consume gas from Ky Lan field.

ALNAFT, Petrovietnam Exploration Production Corporation Sign MoU for Hydrocarbon Sector Development ALNAFT, Petrovietnam Exploration Production Corporation Sign MoU for Hydrocarbon Sector Development

Mr. Nguyen Thien Bao has been appointed as the Chairman of the Board of Directors of PetroVietnam Exploration Production Corporation (PVEP) from July 1st 2024. With a vision for sustainable growth and renewed leadership, he is committed to leading PVEP in maintaining its position as the upstream arm of Vietnam Oil and Gas Group (PetroVietnam).

On June 28 in Hanoi, PetroVietnam Exploration Production Corporation (PVEP) held a ceremony to announce and present the decision appointing Mr. Nguyen Thien Bao as the Chairman of the Board of Directors of PVEP.

On June 12th, 2024, in Ho Chi Minh City, PetroVietnam Drilling & Well Service Corporation (PV Drilling) signed a contract with Domestic Petroleum Operating Branch - PetroVietnam Exploration Production Corporation Limited (PVEP-POC) for the “Provision of Equipment and Bundled Services for the Drilling and Completion Program of Development Wells at Dai Hung Field Development – Phase 3, Block 05-1(a)”. The contract shall cover 12 wells with duration of tentatively 480 days.

After 25 years of operation, with just over 300 employees, this joint venture company brought in more than 13 billion USD to the state budget.