Biendong POC’s gas production crosses 15 bln cu.m mark
Bien Dong Petroleum Operating Company (Biendong POC) has produced 15 billion cu.m of gas since its Hai Thach and Moc Tinh gas fields were put into operation in September 2013.
Biendong POC has produced 15 billion cu.m of gas since its Hai Thach and Moc Tinh gas fields were put into operation eight years ago. (Photo: Biendong POC)
Hanoi (VNA) – Bien Dong Petroleum OperatingCompany (Biendong POC) has produced 15 billion cu.m of gas since its Hai Thachand Moc Tinh gas fields were put into operation in September 2013.
Biendong POC, a subsidiary of the Vietnam Oil and Gas Group(PetroVietnam), has also produced more than 24 million barrels of condensateover the last eight years.
It demonstrates the company’s effort to safely run the fields,apply advanced technology and artificial intelligence (AI) in operation andsurmount difficulties caused by the COVID-19.
Its net revenue from the two fields has reached over 3.94billion USD.
In July, the company reported that its revenue in the firstsix months of 2021 exceeded the set plan by 4 percent.
Its gas exploitation output reached 41 percent of the yearlyplan.
Biendong POC’s total accumulated revenue hit 3.88 billionUSD in July, 311 million USD higher than the combined investment and operationcost./.
Bien Dong Petroleum Operating Company (Biendong POC) has set a Guinness Vietnam record by organising flag-salute ceremonies at the farthest oil and gas platform from the mainland.
Bien Dong Petroleum Operating Company (Biendong POC), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has reported that its revenue in the first six months of 2021 exceeded the set plan by four percent.
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Biendong POC has produced 15 billion cu.m of gas since its Hai Thach and Moc Tinh gas fields were put into operation eight years ago. (Photo: Biendong POC)
