According to the report on the results of thrift making and anti-waste in 2017 that PVN sent to the Ministry of Industry and Trade and Ministry of Finance, in 2017 PVN made savings of VND 3,837 billion.
On December 01, 2016, PetroVietnam Exploration Production Corporation (PVEP) officially completed its 2016 production plan assigned by PetroVietnam for 30 days.
Information from PVN showed that in 11 months of 2016, PVN completed investment and put into operation the RC -9 (9-lot) project at 6/6/2016 ahead by schedule by a month and 9 days, Tam Dao 5 self-lifting drilling rig at 12/8/2016, and successfully launched the topside of BK Thien Ung gas exploiting rig at 12/9/2016. Besides, the group also finished installation of generator of the second unit of Thai Binh 2 thermal power plant at 12/4/2016.
Thanh Hoa Provincial People’s Committee (PPC) has agreed the policy for PetroVietnam (PVN) to invest the project of harbor and universal petroleum services in Nghi Son Economic Zone. The project with a total investment level of VND 595 billion occupies about 54.9 ha in Nghi Son commune, Tinh Gia district, Thanh Hoa province.