Petrovietnam signs cooperation agreement with US partners on digital transformation and sustainable energy

​​​On the occasion of attending the activities of the 79th United Nations General Assembly High-Level Week and working in the United States, on the afternoon of September 23 in New York, General Secretary and President To Lam attended a business seminar organized by the US-ASEAN Business Council (USABC), the US Chamber of Commerce (USCC) and the Business Council for Common Understanding (BCIU) in coordination with the Ministry of Planning and Investment and the Vietnamese Embassy in the United States.

Comrade Le Manh Hung, Party Secretary, Chairman of the Board of Directors of Petrovietnam joined the working delegation and attended the discussion.

At the seminar, in the spirit of promoting and further developing Vietnam - US cooperation, witnessed by General Secretary and President To Lam, Petrovietnam signed and presented Memorandums of Understanding on cooperation with KBR Group and GE Digital International LLC.

General Secretary and President To Lam witnessed the signing ceremony of the cooperation agreement between Petrovietnam and Kellog Brown & Root Company.

Accordingly, Petrovietnam and KBR signed an MOU to enhance cooperation between the two sides in the fields of green technology and sustainable fuel development, especially sustainable aviation fuel (SAF).

This is not only a premise to strengthen and deepen the cooperative relationship between Petrovietnam and KBR in promoting research on advanced technical and technological solutions, but also to expand investment opportunities in the production of new energy and sustainable green fuels such as SAF, green hydrogen, green ammonia, etc. in the future.

The signing of the MOU between Petrovietnam and KBR is a strategic step, helping Petrovietnam access advanced technologies and technical solutions for energy transition and carbon emission reduction. At the same time, it is also an opportunity for Petrovietnam to expand investment in new energy and sustainable fuel projects, contributing significantly to the energy transition and carbon emission reduction roadmap, promoting the energy transition process in Vietnam and globally.

Also at the seminar, Petrovietnam and GE Digital International LLC signed a Memorandum of Understanding (MOU) to develop digital transformation solutions for operations in the electricity and oil and gas sectors. This is the result of continuous efforts from both sides, with the desire to create a breakthrough in the application of advanced digital technology solutions in the electricity and oil and gas sectors - two pillars of the national economy.

General Secretary and President To Lam witnessed the signing ceremony of the cooperation agreement between Petrovietnam and GE Digital International LLC.

This signing event is also a testament to the strong and long-term cooperation between Petrovietnam and GE Digital International LLC. The two sides have cooperated in many large projects such as Nhon Trach 1, Nhon Trach 3&4, Song Hau 1, Long Phu 1, Vung Ang 1 Thermal Power Plants, etc., bringing important achievements in ensuring stable energy supply for the economy.

GE Digital International LLC, a member of GE Vernova (a member of GE Group of the United States), with a wide customer network in 75 countries and more than 21,000 businesses using their solutions, is committed to providing Petrovietnam with the most practical experiences and advanced technologies. With this new cooperation memorandum, Petrovietnam and GE Vernova continue to affirm their shared commitment to developing sustainable and advanced solutions for the power and oil and gas industries. Through this, Petrovietnam will seize new opportunities in the context of globalization and energy transformation, while affirming the Group's position in the race for digital technology and sustainable energy.

General Secretary and President To Lam witnessed the signing ceremony of the cooperation agreement between PTSC and Excelerate Energy Company.

Also at the seminar, Vietnam Oil and Gas Services Corporation (PTSC), a member unit of Petrovietnam, and Excelerate Energy Company signed a cooperation agreement in the field of liquefied natural gas (LNG).

KBR, headquartered in Houston, Texas, USA, is one of the world's leading energy companies and provides specialized technology and engineering services. With a workforce of 34,000 and 2023 revenue of US$7 billion, KBR operates in more than 80 countries worldwide. The company is known for its advanced technologies in areas such as oil refining, petrochemicals, sustainable aviation fuel (SAF), new energy (green hydrogen, green ammonia) and plastic recycling. In the past two years, KBR has undertaken a number of major projects related to green energy and sustainable fuels, including the assessment of a national roadmap for hydrogen production deployment in Singapore and the production of green ammonia using renewable energy in many countries around the world.

One of KBR’s notable successes is the production of green ammonia using carbon capture and storage (CCUS) technology. KBR has been awarded numerous projects globally and is currently in the development stages of several major projects in the United States and East Asia. In addition, KBR is a leader in sustainable aviation fuels with two SAF projects in the United States and has successfully deployed plastic recycling technology in many countries around the world.

GE is an American multinational corporation founded in 1892, founded in New York State and headquartered in Boston, with over 130 years of formation and development. In 2023, GE was ranked 64th in Forbes Global 2000. GE operates in 3 main areas: Energy Industry (GE Vernova), Aerospace Industry (GE Aerospace), Healthcare (GE HealthCare).

GE Vernova operates in the energy business, including GE Renewable Energy, GE Power, GE Digital, and GE Energy Financial Services, with more than 70,000 employees, operating in 180 countries and territories; is the world's first gas turbine manufacturer (1939). To date, it has produced and supplied more than 7,000 gas turbines and 52,000 wind turbines, contributing to generating 1/3 of the world's electricity.

GE Vernova has 12 businesses in the energy and digital sectors: Digital; Energy Financial Services; Gas Power; Grid Solutions; Hybrids Solutions; Hydro Power; LM Wind Power; Nuclear; Offshore Wind; Onshore Wind; Power Conversion; Steam Power.

GE Digital International LLC, part of GE Vernova Electrification Software, is the world's No. 1 industrial software platform provider (2013), operating in 5 industrial sectors: Electric Utility Sortware; Power Generation Software; Manufacturing & Digital Plant Software; Aviation Software; Oil & Gas Software.

PV

Source: https://www.pvn.vn/chuyen-muc/tap-doan/tin/a3c50873-c152-4feb-9d83-ee31458ad6ca