The Lô B – Ô Môn, Sư Tử Trắng 2B, and Nam Du – U Minh projects are generating significant workloads for upstream service companies such as PVD and PVS, with a total contract value estimated at up to 1 billion USD. Against a backdrop of low Brent crude prices, PVD is projected to see a profit growth of about 14% and PVS about 25% in 2025, thanks to an increase in exploration and production (E&P) activities. Conversely, midstream companies like PLX and OIL may face negative impacts from weak oil prices, resulting in declining profits. BSR is expected to record profit growth of up to 300%, although profits in 2025 may still decline by 70-80% compared to the 2021-2023 period. Moreover, the LNG energy sector is also gaining prominence, with PV GAS playing a leading role in the development of this field.
Leave a Reply