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.
OIL & GAS EXPLORATION AND
Oil & Gas Exploration 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.
JV Paricipants and Interests
|Company Holding the Acreage
|Japan Vietnam Petroleum Company (JVPC)
|Shareholders (holding percentages)
|JX Nippon Oil & Gas Exploration Corporation
|PVEP (30%), PERENCO (30.5%)
Acquired working interest in Block 15-2
Discovered Rang Dong oil field in Block 15-2
Started production at the Rang Dong oil field
Rang Dong oil filed reached cumulative oil production of 100 million barrels
Rang Dong oil field associated gas recovery and utilization project was registered as a CDM Project under the Kyoto Protocol (CERs were issued in February 2008
Rang Dong oil field reached the cumulative oil production of 150 million barrels
Started production at Phuong Dong oil field
Rang Dong oil field reached the cumulative oil production of 200 million barrels
Vietnam Government approved 5 years extention of Phuong Dong oil field interest
The 30th Year Anniversary of the PSC for Offshore Vietnam Block 15-2
02 LUBRICANT 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.
|HQ and Factory
|Haiphong (Dinh Vu Industrial Zone)
|Hanoi, Ho Chi Minh City
|Start of Operation
go on to JX Nippon Oil & Energy Vietnam website
ENEOS Automotive Oils
(Motorcycle oils, Passenger Car Motor oils, Heavy Duty Diesel engine oils, Automotive Gear oils)
ENEOS Motorcycle Oils
(Factory fill oils and After sales oils)
ENEOS Industrial Oils
(Hydlaulic oils, Gear oils, Turbine oils, Compressor oils, Multi-Purpose oils, Cutting oils and so on)
STRATEGIC PARTNERSHIP WITH
VIETNAM NATIONAL PETROLEUM GROUP
Strategic 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.
In 2021, Petrolimex and ENEOS additionally entered into Memorandum of Understanding for promoting the programs to enhance the corporate value of Petrolimex and consider new joint projects. Through cooperation between with Petrolimex and ENEOS Vietnam Co., Ltd., ENEOS Vietnam Co., Ltd. will keep focusing on strengthening profitability of Petrolimex and developing new business in Vietnam.
04 BUSINESS DEVELOPMENT: RENEWABLE ENERGY
Business 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.
In December 2021, ENEOS Group invested in a Solar Power Plant in Hau Giang Province.
ENEOS Group will contribute to achieving Carbon Neutrality in Vietnam through developing new renewable energy resources.
05 CAR MAINTENANCE BUSINESS
Car maintenance business in Hanoi
Autumn 2022, ENEOS Vietnam Co., Ltd. launches car maintenance business (car washing, car coating) to provide customers with further convenience of services at Petrolimex’s station network.
ENEOS brand car maintenance store provides the car wash service applied Japan quality & car wash technology, which first appeared in Hanoi. The store responds to customers’ demands by “High quality technology “, “Cleanliness” and “Lightning fast”.
By using Japan’s top-class coating material which enable to keep cars beautiful for a long time with the effect of chemicals without any physical scrubbing action.
ENEOS’ car maintenance store has a luxury service room with massage chairs, free drink, etc… where customers may feel comfortable. Staffs provide customers with ENEOS standard car maintenance services and a Japanese style of hospitality.
|090 324 38 05
|8:00~20:00 (*Business hours will vary depending on the season)
|Petrolimex station No.84, Phuc Loi, Long Bien, Hanoi
“ENEOS Rửa xe Nhật Bản”
(available in Facebook Messenger)