Agribank and PVEP Sign Credit Agreement for Offshore Oil Projects
September 27, 2026
The Vietnam Bank for Agriculture and Rural Development (Agribank) has entered into a financing agreement with the Petroleum Exploration and Production Corporation (PVEP) to support the development of two significant offshore oil projects.
The projects, Lô B 48 95 and Lô 52 97, are located in the southwestern region of Vietnam, marking an important step in enhancing the country's oil exploration and production capabilities.
Source: Nangluongvietnam.vn (Vietnam Energy Magazine). Read the full article.
AgribankPVEPLô B 48 95Lô 52 97offshore projectsVietnam oil exploration