Digital transformation is an urgent solution for the oil and gas industry in the energy transition trend, helping oil and gas enterprises optimise oil and gas exploration, development and production costs, and improving the competitiveness of oil and gas in comparison with other energy sources, especially new and renewable energy sources. The article provides an overview of the digital transformation trends in petroleum exploration and production, the current status of digital technology application, difficulties and barriers, thereby making some recommendations on the objectives and orientations for the implementation of digital transformation in petroleum exploration and production in Vietnam.
{"title":"Digital transformation characteristics and trends in petroleum exploration and production","authors":"Anh Duc Nguyen","doi":"10.47800/pvj.2022.03-02","DOIUrl":"https://doi.org/10.47800/pvj.2022.03-02","url":null,"abstract":"Digital transformation is an urgent solution for the oil and gas industry in the energy transition trend, helping oil and gas enterprises optimise oil and gas exploration, development and production costs, and improving the competitiveness of oil and gas in comparison with other energy sources, especially new and renewable energy sources. \u0000The article provides an overview of the digital transformation trends in petroleum exploration and production, the current status of digital technology application, difficulties and barriers, thereby making some recommendations on the objectives and orientations for the implementation of digital transformation in petroleum exploration and production in Vietnam. ","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131900583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In the context of energy transition, major oil and gas companies (such as Total, BP, Equinor, Shell, Eni, Petronas, and Osted, etc.) have diversified their investment portfolios with new energy projects, including those in offshore wind power. Resolution No. 55-NQ/TW dated 11 February 2020 of the Politburo on the orientation of Vietnam's national energy development strategy to 2030, vision to 2045 sets the target: the proportion of renewables in the total primary energy supply will reach about 15-20% by 2030; and 25 - 30% by 2045. For wind power, priority should be given to development in accordance with the ability to ensure system safety with reasonable electricity prices; and formulation of supporting policies and breakthrough mechanisms for offshore wind power development in association with the implementation of the Vietnam Maritime Strategy. The paper focuses on assessing the potential market size for wind power services to 2030 and evaluating the possibility of diversification to include the offshore wind power supply chain of Petrovietnam’s service companies.
{"title":"An assessment of the potential of offshore wind power services market and opportunities for oil and gas service companies to 2030","authors":"T. Nguyen, T. Vu, Minh Hieu To","doi":"10.47800/pvj.2022.03-05","DOIUrl":"https://doi.org/10.47800/pvj.2022.03-05","url":null,"abstract":"In the context of energy transition, major oil and gas companies (such as Total, BP, Equinor, Shell, Eni, Petronas, and Osted, etc.) have diversified their investment portfolios with new energy projects, including those in offshore wind power. \u0000Resolution No. 55-NQ/TW dated 11 February 2020 of the Politburo on the orientation of Vietnam's national energy development strategy to 2030, vision to 2045 sets the target: the proportion of renewables in the total primary energy supply will reach about 15-20% by 2030; and 25 - 30% by 2045. For wind power, priority should be given to development in accordance with the ability to ensure system safety with reasonable electricity prices; and formulation of supporting policies and breakthrough mechanisms for offshore wind power development in association with the implementation of the Vietnam Maritime Strategy. \u0000The paper focuses on assessing the potential market size for wind power services to 2030 and evaluating the possibility of diversification to include the offshore wind power supply chain of Petrovietnam’s service companies.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124911215","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
From the public petroleum management models, the article points out the typical features of this type of management, namely: i) attracting foreign investment through design and financial terms of petroleum contracts; ii) management of production sharing contracts; and iii) participation of national oil companies (NOC) in these management processes. On the basis of analysing the experiences of some countries in the world in public management of petroleum, this article analyses the current situation of public management of petroleum in Vietnam, highlights some limitations and proposes orientations for revision of the Petroleum Law.
{"title":"Public management of petroleum: Practices and issues","authors":"Hồng Minh Nguyễn","doi":"10.47800/pvj.2022.01-03","DOIUrl":"https://doi.org/10.47800/pvj.2022.01-03","url":null,"abstract":"From the public petroleum management models, the article points out the typical features of this type of management, namely: i) attracting foreign investment through design and financial terms of petroleum contracts; ii) management of production sharing contracts; and iii) participation of national oil companies (NOC) in these management processes. On the basis of analysing the experiences of some countries in the world in public management of petroleum, this article analyses the current situation of public management of petroleum in Vietnam, highlights some limitations and proposes orientations for revision of the Petroleum Law.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114977752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Reputable organisations in the world like Wood Mackenzie and EIA forecast that the price of crude oil in 2022 will average USD 74 - 75 a barrel as the Covid-19 pandemic is under control along with the recovery of the world's major economies. Global oil demand is expected to return to pre-pandemic levels by the second half of 2022, reaching more than 100 million barrels per day, of which the Asia-Pacific is the highlight of growth with consumption in Q4/2022 of about 37 million barrels per day. It is forecasted that supply will continue to follow demand movement and OPEC+ to keep the increasing production momentum, averaging around 2 - 3 million barrels per day in 2022.
{"title":"Forecast of global crude oil market in 2022","authors":"Tien Quyet Doan","doi":"10.47800/pvj.2022.01-05","DOIUrl":"https://doi.org/10.47800/pvj.2022.01-05","url":null,"abstract":"Reputable organisations in the world like Wood Mackenzie and EIA forecast that the price of crude oil in 2022 will average USD 74 - 75 a barrel as the Covid-19 pandemic is under control along with the recovery of the world's major economies. Global oil demand is expected to return to pre-pandemic levels by the second half of 2022, reaching more than 100 million barrels per day, of which the Asia-Pacific is the highlight of growth with consumption in Q4/2022 of about 37 million barrels per day. It is forecasted that supply will continue to follow demand movement and OPEC+ to keep the increasing production momentum, averaging around 2 - 3 million barrels per day in 2022.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128391061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Thanh Tung Dang, Thi Thuy Tien Van Hoi, Anh Duc Nguyen, Trung Khuong Nguyen, Huong Chi Nguyen, Ngoc Trung Phan
Climate change is a major global challenge, which is complex, unpredictable and will continue at an increasingly fast rate, causing risks and great impacts on companies and the global economy. Adapting to climate change and ensuring energy security is a challenge that any country or business in the world has to face. Although approaches may vary, all oil and gas companies need to be more proactive in responding and adapting to climate change with solutions to: (i) manage climate risks as part of their corporate risk management and (ii) develop a climate change adaptation strategy. The strategies of major IOCs and NOCs in the coming period are directed towards two major strategic trends, namely: energy transition and GHG emission reduction. Most of the Asian NOCs have either implemented low-carbon energy development solutions to gradually replace conventional energy or actively participated in GHG reduction initiatives.
{"title":"Climate strategies of oil and gas corporations and some recommendations for Petrovietnam","authors":"Thanh Tung Dang, Thi Thuy Tien Van Hoi, Anh Duc Nguyen, Trung Khuong Nguyen, Huong Chi Nguyen, Ngoc Trung Phan","doi":"10.47800/pvj.2022.01-04","DOIUrl":"https://doi.org/10.47800/pvj.2022.01-04","url":null,"abstract":"Climate change is a major global challenge, which is complex, unpredictable and will continue at an increasingly fast rate, causing risks and great impacts on companies and the global economy. Adapting to climate change and ensuring energy security is a challenge that any country or business in the world has to face. Although approaches may vary, all oil and gas companies need to be more proactive in responding and adapting to climate change with solutions to: (i) manage climate risks as part of their corporate risk management and (ii) develop a climate change adaptation strategy. The strategies of major IOCs and NOCs in the coming period are directed towards two major strategic trends, namely: energy transition and GHG emission reduction. Most of the Asian NOCs have either implemented low-carbon energy development solutions to gradually replace conventional energy or actively participated in GHG reduction initiatives.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122956043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Trường Giang Phạm, T. Le, Thi Viet Nga Cu, Longchau D. Hoang, Thanh Phuong Tran, Vu Anh Phan, Duc Huy Phong Dinh
This paper introduces the process of optimising the pilot-scale production of an EOR chemical system for trial industrial application based on laboratory testing results, the results of evaluating EOR efficiency on Miocene reservoir samples taken from Bach Ho field and the results of the chemical injection test on the reservoir dynamic model for wells 1605 and 1609 in the southern part of Bach Ho field. The main components of the surfactant chemical systems consist of sodium olefin sulfonate (SOS), alkyl aryl sulfonate (AAS), sodium dodecylbenzene sulfonate (SDBS)and nonylphenol ethoxylate (NPEO), which were improved by minimising interfacial tension (IFT), increasing the ability to form micro-emulsions as well as resistance to temperature and high mineralisation/salinity. The polymer composition of the chemical system was improved by increasing the viscosity and reducing the mobility of the injected fluid system to increase the sweep coefficient.
{"title":"Technology improvement to create EOR chemical system at pilot scale and trial industrial application for Miocene reservoirs in Bach Ho field, Cuu Long basin","authors":"Trường Giang Phạm, T. Le, Thi Viet Nga Cu, Longchau D. Hoang, Thanh Phuong Tran, Vu Anh Phan, Duc Huy Phong Dinh","doi":"10.47800/pvj.2022.01-02","DOIUrl":"https://doi.org/10.47800/pvj.2022.01-02","url":null,"abstract":"This paper introduces the process of optimising the pilot-scale production of an EOR chemical system for trial industrial application based on laboratory testing results, the results of evaluating EOR efficiency on Miocene reservoir samples taken from Bach Ho field and the results of the chemical injection test on the reservoir dynamic model for wells 1605 and 1609 in the southern part of Bach Ho field. The main components of the surfactant chemical systems consist of sodium olefin sulfonate (SOS), alkyl aryl sulfonate (AAS), sodium dodecylbenzene sulfonate (SDBS)and nonylphenol ethoxylate (NPEO), which were improved by minimising interfacial tension (IFT), increasing the ability to form micro-emulsions as well as resistance to temperature and high mineralisation/salinity. The polymer composition of the chemical system was improved by increasing the viscosity and reducing the mobility of the injected fluid system to increase the sweep coefficient.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"4 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133110552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hydrogen is an essential material/fuel for industry and energy conversion. The processes for producing hydrogen depend on the raw materials and energy source used. In terms of climate impacts, the most promising hydrogen production method is water electrolysis. The regenerative electrolysis process depends on the carbon intensity of the electricity and the efficiency of converting that electricity into hydrogen. The development of technologies to extract hydrogen (from conventional and renewable resources) tends to optimise the water electrolysis process using renewable energies by extending material durability, increasing performance efficiency, and reducing precious metal contents in catalysts, thereby lowering the production costs. The article introduces the latest advances in green hydrogen production technologies using renewable energies, particularly focusing on water and seawater electrolysis, combining electrolysis and solar energy as well as hydrogen-based synthetic fuel production, hydrogen production from biomass and biogas.
{"title":"Technologies for production of green hydrogen and hydrogen based synthetic fuels","authors":"Van Nhu Nguyen, Nhu Tung Truong","doi":"10.47800/pvj.2021.12-03","DOIUrl":"https://doi.org/10.47800/pvj.2021.12-03","url":null,"abstract":"Hydrogen is an essential material/fuel for industry and energy conversion. The processes for producing hydrogen depend on the raw materials and energy source used. In terms of climate impacts, the most promising hydrogen production method is water electrolysis. The regenerative electrolysis process depends on the carbon intensity of the electricity and the efficiency of converting that electricity into hydrogen. The development of technologies to extract hydrogen (from conventional and renewable resources) tends to optimise the water electrolysis process using renewable energies by extending material durability, increasing performance efficiency, and reducing precious metal contents in catalysts, thereby lowering the production costs. The article introduces the latest advances in green hydrogen production technologies using renewable energies, particularly focusing on water and seawater electrolysis, combining electrolysis and solar energy as well as hydrogen-based synthetic fuel production, hydrogen production from biomass and biogas.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125554158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hydrogen is forecasted as an energy solution for the future thanks to its advantages of cleanliness, abundance and high energy conversion efficiency. The paper briefly introduces the hydrogen supply chain, hydrogen production technologies prevailing or expected in the future, as well as challenges that need to be addressed for a successful transition to a hydrogen-based economy.
{"title":"Hydrogen supply chain and production technology","authors":"Thi Lan Huong Nguyen","doi":"10.47800/pvj.2021.12-02","DOIUrl":"https://doi.org/10.47800/pvj.2021.12-02","url":null,"abstract":"Hydrogen is forecasted as an energy solution for the future thanks to its advantages of cleanliness, abundance and high energy conversion efficiency. The paper briefly introduces the hydrogen supply chain, hydrogen production technologies prevailing or expected in the future, as well as challenges that need to be addressed for a successful transition to a hydrogen-based economy.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127529121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hydrogen is considered as "the green fuel of the 21st century" and forecasted to play a leading role in the energy transition. The article introduces the processes of green hydrogen production in Energiepark Mainz, the first wind power hydrogen production plant with a capacity of 6 MW in Germany. The article describes the production, storage, transportation, and consumption (gas, fuel for bus and industries) of green hydrogen through the continuous operation of the plant. Based on that, the author analyses opportunities and challenges when applying Energiepark Mainz's model to the green hydrogen production strategy in Vietnam.
{"title":"Experiences in long-term operation of a green hydrogen production plant using wind power in Germany - a possible model for Vietnam","authors":"Van Thinh Dinh","doi":"10.47800/pvj.2021.12-06","DOIUrl":"https://doi.org/10.47800/pvj.2021.12-06","url":null,"abstract":"Hydrogen is considered as \"the green fuel of the 21st century\" and forecasted to play a leading role in the energy transition. The article introduces the processes of green hydrogen production in Energiepark Mainz, the first wind power hydrogen production plant with a capacity of 6 MW in Germany. The article describes the production, storage, transportation, and consumption (gas, fuel for bus and industries) of green hydrogen through the continuous operation of the plant. Based on that, the author analyses opportunities and challenges when applying Energiepark Mainz's model to the green hydrogen production strategy in Vietnam.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115492492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hydrogen plays an important role in the energy transition towards a zero-carbon economy. Blue hydrogen and green hydrogen are potential sources to replace fossil materials and fuels in the fields of refining - petrochemical, production of fertiliser, steel, cement, electricity, and transportation. The potential demand for clean hydrogen in these areas has been evaluated along with the impacts and benefits of hydrogen development. Accordingly, the potential hydrogen market can reach an output of 22 million tons/year by 2050. The development of hydrogen in the fields will create new markets with a total value of USD 100 billion in 2035 and USD 1,200 billion in 2050. In terms of the environment, replacing fossil materials and fuels with hydrogen reduces the total national CO2 emissions by 5.4%. In order to develop and complete the hydrogen value chain in Vietnam, it is necessary to set goals and roadmaps along with appropriate policies. Recognising the importance of hydrogen to the operation of the oil and gas and energy sectors in general, the Vietnam Oil and Gas Group (PVN) has developed a scientific research programme on the development of production, storage, transportation, distribution, and efficient use of hydrogen in Vietnam in the 2021 - 2025 period.
{"title":"Potential market and impact of clean hydrogen development to 2050 in Vietnam","authors":"Hữu Lương Nguyễn","doi":"10.47800/pvj.2021.12-04","DOIUrl":"https://doi.org/10.47800/pvj.2021.12-04","url":null,"abstract":"Hydrogen plays an important role in the energy transition towards a zero-carbon economy. Blue hydrogen and green hydrogen are potential sources to replace fossil materials and fuels in the fields of refining - petrochemical, production of fertiliser, steel, cement, electricity, and transportation. The potential demand for clean hydrogen in these areas has been evaluated along with the impacts and benefits of hydrogen development. Accordingly, the potential hydrogen market can reach an output of 22 million tons/year by 2050. The development of hydrogen in the fields will create new markets with a total value of USD 100 billion in 2035 and USD 1,200 billion in 2050. In terms of the environment, replacing fossil materials and fuels with hydrogen reduces the total national CO2 emissions by 5.4%. In order to develop and complete the hydrogen value chain in Vietnam, it is necessary to set goals and roadmaps along with appropriate policies. Recognising the importance of hydrogen to the operation of the oil and gas and energy sectors in general, the Vietnam Oil and Gas Group (PVN) has developed a scientific research programme on the development of production, storage, transportation, distribution, and efficient use of hydrogen in Vietnam in the 2021 - 2025 period.","PeriodicalId":294988,"journal":{"name":"Petrovietnam Journal","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117294814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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