Joint
Venture - Vietsovpetro was established on June
19th, 1981 upon the Intergovernmental Agreements
signed S.R Vietnam and the Soviet Union in 1981,
to co-operate in petroleum exploration and
production on the Southern continental shelf of
Vietnam. Since 1993, Russian Federation took
over the Russian Committee’s rights and
responsibilities in Vietsovpetro. Vietsovpetro
is currently operating under the
Intergovernmental Agreement between S.R. Vietnam
and Russian Federation signed on December 27th,
2010 to continue ...
