Petrovietnam

AM Best Affirms Credit Ratings and Assigns National Scale Rating to PVI Insurance Corporation

Retrieved on: 
Wednesday, March 27, 2024
Banking, Professional Services, Insurance, Finance, PVI, ERM, HDI, Risk management, Communication, ALL, News, Aviation, Petrovietnam, NSR, Credit, Investment, AM Best, Engineering

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of PVI Insurance Corporation (PVI Insurance) (Vietnam).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of PVI Insurance Corporation (PVI Insurance) (Vietnam).
  • Additionally, AM Best has assigned the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) to PVI Insurance with a stable outlook.
  • The ratings factor in rating enhancement from PVI Insurance’s ultimate parent, HDI Haftpflichtverband der Deutschen Industrie V.a.G.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Over 5 Million Acres of Farmland Globally Use BiOWiSH® Enhanced Fertilizer

Retrieved on: 
Wednesday, February 21, 2024
Environment, Technology, Agritech, Environmental Health, Sustainability, Green Technology, Other Natural Resources, Agriculture, Natural Resources, Soil, Petrovietnam, Farmer, Carbon accounting, EEF, Carbon, Nutrient, SABIC, ADM, Nitrogen, NUE, Fermentation

BiOWiSH Technologies, Inc. , a global provider of biotechnology solutions, today announced that BiOWiSH® Crop Liquid is being used on over 5 million acres of farmland.

Key Points: 
  • BiOWiSH Technologies, Inc. , a global provider of biotechnology solutions, today announced that BiOWiSH® Crop Liquid is being used on over 5 million acres of farmland.
  • The bio-enhanced fertilizer arrives on-farm ready to use, eliminating the need for separate applications, fermentation, or special equipment.
  • BiOWiSH® stands as out as one of the few microbial fertilizer enhancements that is recommended for coating of straight urea, the world’s most-used fertilizer.
  • Jerry and Terry Barnes of Triple B Farms Inc. are corn and soybean farmers from Columbia, MO, and had the following to say regarding their experience using BiOWiSH® Enhanced Fertilizer.

AM Best Upgrades Credit Ratings of PVI Insurance Corporation

Retrieved on: 
Thursday, February 23, 2023
Insurance, Professional Services, ALL, Risk management, Overalls, Finance, AM Best, News, Net insurance benefit, PVN, Credit, Engineering, Investment, Aviation, AM, Petrovietnam, HDI, PVI, ERM, Good, Communication

AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of PVI Insurance Corporation (PVI Insurance).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of PVI Insurance Corporation (PVI Insurance).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Son My I Industrial Park breaks ground - the first smart and green industrial park in Binh Thuan province

Retrieved on: 
Wednesday, August 31, 2022
PARK, Plant, Maharashtra Legislative Assembly, Petrovietnam, Government, Sojitz, Carbon, Climate change, Consortium, Son, SON, Greenhouse gas, Health, Zhongman Petroleum and Natural Gas Group, Quality of life, Multimedia, United Nations Framework Convention on Climate Change, Economic development, AES+F, Environment, COP26, Wind, GHG, Renewable energy, LNG

Son My I Industrial Park is invested in and developed by IPICO and occupies a total area of 1,070 hectares.

Key Points: 
  • Son My I Industrial Park is invested in and developed by IPICO and occupies a total area of 1,070 hectares.
  • Boasting a prime location and world-class infrastructure, Son My I Industrial Park is a key project for Binh Thuan Province and Vietnam and is expected to be a magnet for future investment.
  • Son My I Industrial Park is zoned according to 4 land use functions, namely, land for factories, service center areas, technical infrastructure areas, and green land & water areas.
  • Son My I Industrial Park promises to become the center of economic development for Binh Thuan as well as neighboring areas.

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of PVI Insurance Corporation

Retrieved on: 
Friday, February 11, 2022
Insurance, Professional Services, Credit, Income, Petrovietnam, Good, Net insurance benefit, ALL, ERM, AM Best, Review, PVN, Ownership, Insurance, Communication, PVI, Risk management, AM, Engineering, News, HDI, Industry, Aviation, Security (finance), Printed circuit board

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of PVI Insurance Corporation (PVI Insurance) (Vietnam).

Key Points: 
  • AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of PVI Insurance Corporation (PVI Insurance) (Vietnam).
  • As a result of this shareholding change, the ultimate ownership of PVI Holdings total charter capital by HDI V.a.G.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Equatorial Guinea's Minister H.E. Gabriel M. Obiang Lima Congratulates PetroVietnam On Its Expansion In Dubai

Retrieved on: 
Wednesday, January 15, 2020
Companies of Vietnam, Petrovietnam, Obiang, Lima, Ohio, Lima

Gabriel M. Obiang Lima, recently visited PetroVietnam Oil Corporation's newly opened Dubai office to congratulate the team on their latest move.

Key Points: 
  • Gabriel M. Obiang Lima, recently visited PetroVietnam Oil Corporation's newly opened Dubai office to congratulate the team on their latest move.
  • I hope one day we have entities like PetroVietnam and that's why we're focusing more on learning and training.
  • Gabriel Obiang Lima notes that they cannot be like the bigger countries, their focus was to efficiently develop their resources.
  • Minister Gabriel Obiang Lima, by saying, "Your visit to our office at the start of this new decade signifies a new beginning in the cooperation between both institutions.

TechnipFMC Awarded Significant Subsea Contract for PetroVietnam Gas’ Nam Con Son 2 Phase 2 Gas Pipeline Development in Vietnam

Retrieved on: 
Tuesday, October 15, 2019
Engineering, Other Construction & Property, Oil, Gas, Manufacturing, Energy, Construction & Property, Companies, Petrovietnam, TechnipFMC, Nam Con Son Basin

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.

Key Points: 
  • TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
  • The scope of the contract covers engineering and installation of 118 kilometers of rigid pipeline as well as the fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.
  • Arnaud Piton, President Subsea at TechnipFMC, commented: We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract.
  • This pipeline collects and transports gas from several reserves to help meet the demand in Southeast Vietnam, and we look forward to collaborating with PetroVietnam Gas on this project.

ExxonMobil Advancing Integrated Gas-for-Power Development in Vietnam

Retrieved on: 
Wednesday, January 30, 2019
Energy, Oil, Gas, Companies, Petrovietnam, ExxonMobil

ExxonMobil , with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said today that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam.

Key Points: 
  • ExxonMobil , with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said today that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam.
  • The company has awarded the contract for front-end engineering and design, and is filing appropriate permits, planning applications and other preparatory work for the proposed development.
  • If approved, ExxonMobil will lead the construction and operation of the project, which will produce and treat natural gas from the Ca Voi Xanh field, located offshore in block 118.
  • ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the worlds growing energy needs.