BK-26 fleet at Bach Ho field welcomes first oil flow
Ho Chi Minh City - The reception of the first oil flow from the BK-26 rig at the Bach Ho field has a great contribution from officials, trade union members, and workers of Vietsovpetro units.
Updates, stories and category highlights from Petrovietnam.
Ho Chi Minh City - The reception of the first oil flow from the BK-26 rig at the Bach Ho field has a great contribution from officials, trade union members, and workers of Vietsovpetro units.
Energy remains the bedrock of modern development, powering everything from advanced AI infrastructure and data centers to critical regional trade corridors, rapid urbanization across Southeast Asia, and essential food supply chains.
At the Fortune Southeast Asia 500 Summit 2026, PETROVIETNAM was honored in 11th position, leading all Vietnamese enterprises. At the event, PETROVIETNAM President & CEO Le Manh Cuong shared strategic insights on safeguarding national energy security, developing human capital, and realizing the Group's aspiration to enter the Fortune Global 500.
From October 26 to 28, 2026, in Indonesia, a delegation from Vietnam National Industry - Energy Group (PETROVIETNAM) led by Board Member Tran Hong Nam attended the 51st ASCOPE Council Meeting (ACM 51), co-hosted by PT Pertamina (Persero) and the ASCOPE Secretariat.
On October 28, 2026, on the sidelines of the Autumn Economic Forum 2026, Mr. Nguyen Van Duoc, Member of the Party Central Committee and Chairman of the Ho Chi Minh City People's Committee, received H.E. Saeed Bin Mubarak Al Hajeri, Minister of State at the Ministry of Foreign Affairs of the United Arab Emirates (UAE). Attending the reception, Mr. Le Manh Cuong, President and Chief Executive Officer of Vietnam National Industry - Energy Group (PETROVIETNAM), discussed cooperation opportunities in petroleum and strategic storage infrastructure to help realize the development of the Southern Energy Hub, supporting the high-growth trajectory of the city and the nation.
Through participating in the Global Nuclear Energy & Safety Confex 2026 (NES 2026) and engaging with South Korean partners, Vietnam National Industry - Energy Group (PETROVIETNAM) focused on technology evaluation, human resource development, and supply chain readiness, systematically building industrial ecosystem capabilities to meet national energy growth targets in the coming era. From October 27 to 29 in South Korea, a PETROVIETNAM delegation led by Board Member Pham Tuan Anh attended the Global Nuclear Energy & Safety Confex (NES 2026). The delegation included Vice President Cao Hoai Duong alongside heads of the Group's specialized divisions.
On October 26, 2026, in Singapore, a Vietnamese delegation headed by Deputy Minister of Finance Cao Anh Tuan attended Singapore International Energy Week (SIEW) 2026. Within the framework of the event, under the witness of the Vietnamese Deputy Minister alongside the Deputy Prime Minister of Malaysia and Singapore's Minister for Energy and Industry, the Vietnam – Malaysia – Singapore (VMS) Renewable Energy Export Project—developed with the core participation of Vietnam National Industry - Energy Group (PETROVIETNAM) through its subsidiary PetroVietnam Technical Services Corporation (PTSC)—was officially awarded Conditional Approval (CA) by the Energy Market Authority of Singapore (EMA), marking a historic stride forward in trilateral energy cooperation.
On October 26, 2026, in Singapore, the Vietnam to Malaysia and Singapore Renewable Energy Export Project (VMS Project) marked a significant milestone when the Singapore Energy Market Authority (EMA) granted Conditional Approval (CA) to Sembcorp Utilities Pte Ltd (SCU), a wholly owned subsidiary of Sembcorp Industries, as the project's electricity importer. This approval provides the basis for the consortium to continue implementing the next development phases of the Project, in accordance with the necessary legal and project approval requirements.
On October 16, Mr. Le Ngoc Son, Chairman of the Board of Directors of Vietnam National Industry - Energy Group (PETROVIETNAM), received and held a working session with Mr. Jim Nickel, Ambassador of Canada to Vietnam, alongside a delegation from AtkinsRéalis to exchange insights on CANDU nuclear power technology and Canada's experience in nuclear energy development.
Five member units of PETROVIETNAM were honored with the Vietnam National Brand 2026 award, including: Vietnam Gas Corporation (PV GAS); Vietnam Petroleum Technical Services Corporation (PTSC); PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My); Ca Mau Petroleum Fertilizer Corporation (PVCFC); and Vietnam CNG Joint Stock Company (PV GAS CNG).
In the 2026 ranking, Petrovietnam continued to lead the Top 50 Excellent Profit-Making Enterprises in Vietnam and the Top 500 Best Profit-Making Enterprises in Vietnam, and was also honored in the list of The 108 Titans - Sustainable Profit-Making Enterprises.
Receiving Tengku Muhammad Taufik, President and Group Chief Executive Officer of Malaysia’s national oil and gas enterprise PETRONAS, Prime Minister Le Minh Hung welcomed the signing of a Strategic Alliance Agreement between PETRONAS and Petrovietnam, elevating their project-based cooperation to a strategic partnership across the energy value chain.
On October 11, 2026, during an executive working mission in Singapore, Mr. Le Manh Cuong, President and Chief Executive Officer of Vietnam National Industry - Energy Group (PETROVIETNAM), engaged in strategic discussions with international energy partners. The meetings focused on accelerating the Vietnam – Malaysia – Singapore Renewable Energy Export Project (VMS Project) and broadening technological cooperation across refining, petrochemicals, chemicals, and green energy, with the objective of materializing bilateral agreements, finalizing project readiness conditions, and optimizing investment efficiency.
On the morning of October 16, Prime Minister Le Minh Hung received and held a working session with Mr. Tengku Muhammad Taufik, President and Group Chief Executive Officer of Petroliam Nasional Berhad (PETRONAS), on the occasion of the corporation's high-level delegation visit to Vietnam.
On October 5–6, 2026, in London, United Kingdom, Mr. Le Manh Cuong, President and Chief Executive Officer of Vietnam National Industry - Energy Group (PETROVIETNAM), attended the Energy Intelligence Forum 2026 and the executive dialogue session of the Energy Asia Global Leadership Executive (EAGLe) Forum. Alongside leaders of world-leading energy corporations and international financial institutions, he discussed strategic solutions to safeguard energy security and bolster energy system resilience.
Petrovietnam Transportation Corporation (PVTrans) has affirmed that reports alleging the vessel NV Sunshine was attacked in the Strait of Hormuz are inaccurate. All crew members and cargo on board remain safe, and the vessel continues to operate normally as scheduled.
The Baltica 2 offshore wind farm features a total capacity of approximately 1.5 GW, adding large-scale renewable electricity to Poland's power grid. The fabrication of four offshore substations in Vietnam and their subsequent delivery to Europe by PTSC M&C marks a major leap forward for the enterprise in the international offshore wind supply chain.
GE Vernova Inc. (NYSE: GEV) has announced that the Nhon Trach 3 and 4 Power Plants have been honored across two categories at the POWER Awards 2026.
On 1 October 2026 in Hanoi, Vietnam National Industry - Energy Group (PETROVIETNAM), together with the sponsors of Nghi Son Refinery and Petrochemical LLC (NSRP), namely Kuwait Petroleum International (KPI), Idemitsu Kosan Co., Ltd. (IKC) and Mitsui Chemicals, Inc. (MCI), held the NSRP Sponsors’ CEO Meeting.
Within the framework of the working program of General Secretary and President To Lam in the United States (September 20-23), Petrovietnam participated in activities to meet with businesses, financial institutions and energy partners, thereby promoting the implementation of oil and gas projects, expanding investment opportunities and contributing to deepening cooperation between Vietnamese and US businesses.