Petrovietnam - My Project Note

02/10/2026Doosan Enerbility–PTSC Consortium Wins About KRW 840 Billion Contract for Vietnam’s O Mon 3 Gas Combined-Cycle Plant

A consortium of Doosan Enerbility and PTSC (PetroVietnam Technical Services Corporation) has reportedly won the contract to build the O Mon 3 gas combined-cycle power plant in Vietnam. Korean media reported the award on October 1, 2026, and the contract value is said to be about KRW 840 billion (roughly US$618 million). The owner is […]

05/09/2026Vietnam’s Dung Quat Refinery Awards $1.49 Billion Expansion and Upgrade EPC Contract

Binh Son Refining and Petrochemical (BSR), a subsidiary of Vietnam’s state oil and gas company Petrovietnam, announced on July 9, 2026 that it has awarded an EPC (Engineering, Procurement and Construction) contract worth approximately $1.49 billion for the expansion and upgrade of the Dung Quat refinery in central Quang Ngai province. The contract was awarded […]

04/09/2026Vietnam’s O Mon 4 Combined-Cycle Power Plant Secures VND 7.3 Trillion Credit Agreement, Advancing Financing

Vietnam’s state energy group Petrovietnam has reportedly signed a VND 7.3 trillion (about $290 million) credit agreement with BIDV and VietinBank to finance construction of the O Mon 4 combined-cycle power plant. The agreement was reportedly signed in Hanoi on July 24, and is described as a follow-on financing step after the EPC contract previously […]