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.
Illustrative image (Photo: VNA) - 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.
The company’s gas exploitation output reached
41 percent of the yearly plan.
After nearly eight years of operation, Biendong POC’s total accumulated
revenue hit 3.88 billion USD, 311 million USD higher than the combined investment
and operation cost.
With synchronous measures, Biendong POC has overfulfilled most of its targets
in the period.
The application of modern technology in management and administration as well
as production has helped the firm improve its production and business
activities despite complicated developments of the COVID-19 pandemic.
According to Sergey Raykhert from Gazprom, its partner, Biendong POC has safely
and effectively operated rigs amid difficulties caused by the COVID-19 pandemic
in the first half of 2021.
General Director of Biendong POC Ngo Huu Hai said the enterprise will continue with
comprehensive solutions to ensure its stable operation in the remaining months
of the year./.