02/04/2025
Petrovietnam Implements Key Provisions of the 2022 Petroleum Law
In accordance with the 2022 Petroleum Law (effective from July 1, 2023) and with government approval, on March 31, 2025, Petrovietnam signed a Petroleum Sharing Contract (PSC) for Block 15-2 in the Cuu Long Basin. The contract was signed in collaboration with the contractor consortium, including Japan 188bet zokb Petroleum Company Limited (JVPC)—a wholly owned subsidiary of ENEOS Xplora, Japan—and Petrovietnam Exploration Production Corporation (PVEP).
