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In April, most of Petrovietnam's production targets were exceeded by 1 to 35.2 per cent, particularly crude oil exploitation which reached 0.84 million tonnes.
The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).
The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing sandstone with up to 46 m of potential oil column. Initial assessments indicate good reservoir characteristics.