ENEOS Vietnam Co., Ltd. | Energy for vibrant future of Vietnam. (Oil, gas and petrolium company) ENEOS Vietnam Co., Ltd. | Energy for vibrant future of Vietnam. (Oil, gas and petrolium company)

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Energy for
vibrant future
of Vietnam

About Us

  • ENEOS Group

    The ENEOS Group is one of Japan’s leading corporate groups, with sales revenue of 10 trillion yen (equivalent to approximately 94 billion USD). Our energy and non-ferrous metals businesses span the entire value chain, from the upstream to downstream segments.

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  • ENEOS Group in Vietnam

    The ENEOS Group has established business in Vietnam from the 1990’s. Since then, the ENEOS Group has expanded its business and contibuted to the development of Vietam’s development in the energy field, from upstream to downstream segments.

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OURBUSINESS

The Business of ENEOS Group in Vietnam started in 1990’s, after acquisition and discovery of Rang Dong Oil Field in block 15-2. In 2010’s, ENEOS Group expanded its business in the downstream segment, by establishing lubricants factory in 2013, and became strategic partner with Vietnam National Petroleum Group (Petrolimex) in 2016.

01Oil & Gas Exploration and
Production Business

Since the acquisition of Block 15-2 in 1992, the project has been one of NOEX’s key operations.
Operator and NOEX subsidiary JVPC has been involved in the ongoing exploration and development of the block, including the production of crude oil and natural gas.

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02Lubricant Oil Business

Since 1997, ENEOS has been developing lubricant oil business in Vietnam. In 2014, ENEOS established a lubricant oil blending factory in Haiphong city to expand its business in Vietnam.

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03STRATEGIC PARTNERSHIP
WITH
VIETNAM NATIONAL PETROLEUM GROUP

ENEOS Group has entered into Strategic Cooperation Agreement with Vietnam National Petroleum Group (Petrolimex) since 2016. ENEOS Group acquired the 8% share of Petrolimex in 2016.
For further close relationship with Petrolimex, ENEOS Group increased investment ratio and ENEOS Group holds about 13% share of Petrolimex at the end of 2021.

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04BUSINESS DEVELOPMENT:
RENEWABLE ENERGY

While Vietnamese government declares its intention to accomplish Carbon Neutrality by 2050, the demand for electricity is increasing rapidly with its economic growth. The needs for renewable energy resources are expected to increase over the long term.​​

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05CAR MAINTENANCE BUSINESS

ENEOS Vietnam has been operating a car maintenance business in Vietnam since 2022, and now we are running two car maintenance shops (car wash service, coating, etc..) at Petrolimex gasoline station in Hanoi.

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CSR Activities

To contribute to the development of Vietnam’s communities and help to ensure a vibrant future,
the ENEOS Group has been promoting social welfare activities in Vietnam.

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    Sponsorship to build schools, rehabilitation centers, and scholarship

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    ENEOSxMOGU Children’s Story Award

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    Sponsoring Vietnam
    National Symphony
    Orchestra (VNSO)

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