188bet 88betapp VPI focuses on developing an innovative ecosystem for Vietnam's oil and gas industry

Over 45 years of development, VPI has become 188bet 88betapp leading scientific and technological organization of 188bet 88betapp Vietnam oil and gas industry, being capable of carrying out R&D and providing scientific and technological services to 188bet 88betapp whole value chain of petroleum industry. VPI has conducted studies and services being valuable scientific basis for shaping 188bet 88betapp oil and gas development strategy and policies and counseling 188bet 88betapp Government and Petrovietnam in 188bet 88betapp whole range of oil and gas activities of exploration, production, transportation, storage, processing, environment & safety, and management.

188bet 88betapp intellect of Petrovietnam making its mark in 45 years of VPI establishment and development.

Especially, from 2008, in response to 188bet 88betapp radical context, especially to 188bet 88betapp demand for a breakthrough in management to liberate 188bet 88betapp creativity and prepare for 188bet 88betapp future when 188bet 88betapp scientific and technological market really takes shape, VPI has boldly transformed its operational model into an autonomous and self-managing public scientific and technological institution. This important move has created a substantial change, linking scientific research and technological development with production, business and training, boosting technological application and transfer, and contributing to enhancing 188bet 88betapp scientific and technological strength of 188bet 88betapp oil and gas sector. However, being totally new with no precedent in Vietnam, this model of operation and management has created certain pressures on VPI’s revenue, jobs as well as affected 188bet 88betapp deployment of its basic, long-term and strategic research tasks. In spite of this, VPI has decisively changed its mindset, developed and deployed numerous drastic measures by 188bet 88betapp learning-while-doing approach, adjusting to fit with actual situations while actively implementing 188bet 88betapp transformation.

Prime Minister Pham Minh Chinh listened to 188bet 88betapp introduction of VPI SP EOR chemical which is studied, blended, and industrially tested by VPI at Bach Ho field. 

In upstream sector, VPI concentrates on prospecting and exploring conventional/non-conventional oil and gas; conducting researches on geological structures, assessing hydrocarbon potential and reserves of sedimental basins; developing applicable solutions for production operation, enhanced oil recovery, and safe and efficient field management.

From 188bet 88betapp baseline survey studies, VPI has developed a reliable and constantly-updating scientific database of hydrocarbon potential and reserves of 188bet 88betapp territorial waters and 188bet 88betapp continental shelf of Vietnam to facilitate 188bet 88betapp formulation of development strategies and policies for 188bet 88betapp oil and gas upstream; and propose measures for 188bet 88betapp State to manage and rationally exploit 188bet 88betapp marine resources and environment in a scientific and efficient manner, satisfying 188bet 88betapp demand for a sustainable economic development and contributing to safeguarding 188bet 88betapp national sovereignty and national security.

Alongside 188bet 88betapp implementation of research to develop Petrovietnam's five core areas, VPI is focusing its resources on urgent issues related to 188bet 88betapp development of 188bet 88betapp petroleum industry to adapt to 188bet 88betapp trends of digital transformation and energy transition, such as: Building an innovative platform for digital products; building an Oilgas AI ecosystem using artificial intelligence (AI) and machine learning (ML) algorithms to synthesize, represent, and analyze in-depth data in 188bet 88betapp petroleum industry and various products such as crude oil, gasoline, LPG, and natural gas; training and developing skills in applying available AI services... VPI has carried out studies anticipating 188bet 88betapp energy transition trend in 188bet 88betapp petroleum industry, such as processing CO2-rich gas, hydrogen, offshore wind power, carbon capture, utilization, and storage (CCS/CCUS), etc.

Vietnam Petroleum Insights” (VPInsights) - Hydrogen module

With 188bet 88betapp strategic direction of developing into 188bet 88betapp national leading energy group and having a pivotal position and role in ensuring energy security, Petrovietnam considers science - technology and innovation as a top priority for it to truly become a lever to create breakthroughs in productivity, quality, efficiency, and competitiveness of Petrovietnam and its subsidiaries.

These demands become even more urgent as science and technology need to be one step ahead, rationally combining applied studies and basic research. Only then can we ensure 188bet 88betapp sustainability and viability of our development strategy and create breakthroughs to enhance competitiveness.

VPI - in collaboration with 188bet 88betapp Commercial Law Development Program (CLDP) under 188bet 88betapp US Department of Commerce, US Embassy in Vietnam - organizing a workshop on building a legal corridor to promote CCS/CCUS projects in Vietnam.

Regarding 188bet 88betapp direction to form and develop a creative ecosystem for 188bet 88betapp Vietnamese petroleum industry, Dr. Nguyen Anh Duc, VPI General Director said, VPI is currently building 188bet 88betapp team to develop innovative platform for digital/physical products (business analytics, expertise, data and analytics, experimental analysis), and 188bet 88betapp team to innovate digital/physical products in core technological areas: advanced technology exploration; potential and reserve; management support and production optimization; efficient energy usage; carbon capture, utilization, and storage (CCUS); green hydrogen/ammonia, etc.

VPI author team of 188bet 88betapp patent granted by 188bet 88betapp US Patent and Trademark Office (USPTO)

In addition, VPI is also developing 188bet 88betapp "Vietnam Petroleum Insights" system (VPInsights) to meet 188bet 88betapp demand for searching, studying and sharing insights about 188bet 88betapp petroleum industry. 188bet 88betapp system ensures 188bet 88betapp provision of complete, accurate, and timely information with a user-friendly natural language interface to quickly facilitate 188bet 88betapp process of asking, accessing, and analyzing information. 188bet 88betapp system is built on 188bet 88betapp latest artificial intelligence (AI) advances such as large language models (LLM) and generative AI, integrating 188bet 88betapp knowledge and experience of petroleum experts over 188bet 88betapp past VPI's 45 years as well as 60 years of Vietnam oil and gas industry, along with a huge amount of global data and intellect. VPInsights will help VPI/Petrovietnam experts and partners both domestically and internationally not only to access and use digital products and collaborate, but also contribute to 188bet 88betapp common petroleum intellect ecosystem - supporting timely and effectively in situation forecast and solution planning in 188bet 88betapp constantly changing context of 188bet 88betapp global energy industry.

With 45 years of establishment and development, with 188bet 88betapp pride of a Labour Order Winner, VPI will spend its resources on oil and gas scientific research, training, and technological applications, converging world-class intelligence, creating value-added in science and technology, and training human resources for 188bet 88betapp Vietnamese petroleum industry, which all support Petrovietnam to develop sustainably, enhance its competitiveness through optimizing production and business operations, and making breakthroughs in 188bet 88betapp application and innovation of intellectual property assets.

Since 2012, VPI has been granted patent No. 011318454B1 by 188bet 88betapp United States Patent and Trademark Office (USPTO) for 188bet 88betapp invention "Method and system for renewing spent fluid catalytic cracking (SFCC) catalysts using acid leaching and acid reflux activities", 6 patents and 11 utility solution patents by 188bet 88betapp National Office of Intellectual Property of Vietnam - Ministry of Science and Technology.