Top Vietnam Oil and Gas Upstream Companies | Key Players 2026

Code: MTA14552 Publication Date: Oct 2026

Top Vietnam Oil and Gas Upstream Companies

The following is a data-backed list of the leading Vietnam Oil and Gas Upstream companies, compiled through 6Wresearch's proprietary research and validated by in-house industry analysts. ONGC Videsh Ltd, PetroVietnam currently lead the competitive landscape, alongside several other established players shaping the Vietnam Oil and Gas Upstream Market.

For detailed forecasts, data tables, and competitive benchmarking,
Explore the full Vietnam Oil and Gas Upstream Market.

List of Vietnam Oil and Gas Upstream Companies:

1. ONGC Videsh Ltd

Company NameONGC Videsh Ltd
Established Year1965
HeadquartersNew Delhi, India
Official WebsiteClick Here

ONGC Videsh Ltd is the international petroleum arm of India's state-owned ONGC, actively involved in oil and gas exploration and production operations across Vietnam's offshore blocks.

2. PetroVietnam (Vietnam Oil and Gas Group)

Company NamePetroVietnam (Vietnam Oil and Gas Group)
Established Year1975
HeadquartersHanoi, Vietnam
Official WebsiteClick Here

PetroVietnam is the state-owned energy group responsible for overseeing Vietnam’s entire oil and gas value chain, ranging from exploration and production to refining, petrochemicals, and gas-to-power projects.

3. PetroVietnam Exploration Production Corporation (PVEP)

Company NamePetroVietnam Exploration Production Corporation (PVEP)
Established Year1988
HeadquartersHanoi, Vietnam
Official WebsiteClick Here

PVEP is the core upstream subsidiary of PetroVietnam, focusing on oil and gas exploration, field development, and production operations in domestic offshore basins and international assets.

4. ExxonMobil Corporation

Company NameExxonMobil Corporation
Established Year1870
HeadquartersSpring, Texas, United States
Official WebsiteClick Here

ExxonMobil is an international oil and gas major engaged in Vietnam’s upstream sector, partnering on deepwater natural gas development and power generation projects such as the Blue Whale (Ca Voi Xanh) field.

5. Saipem SpA

Company NameSaipem SpA
Established Year1957
HeadquartersMilan, Italy
Official WebsiteClick Here

Saipem is a global engineering, drilling, and construction contractor delivering offshore pipeline installation, subsea infrastructure, and complex EPCI services for Vietnam’s energy sector.

6. Jadestone Energy plc

Company NameJadestone Energy plc
Established Year2008
HeadquartersSingapore
Official WebsiteClick Here

Jadestone Energy is an independent upstream oil and gas company focused on the Asia-Pacific region, operating shallow-water production and gas development assets in offshore Vietnam.

7. Eni Vietnam (Eni Group)

Company NameEni Vietnam (Eni Group)
Established Year1953
HeadquartersRome, Italy
Official WebsiteClick Here

Eni Vietnam operates as the local exploration and production unit of global energy company Eni, focusing on offshore hydrocarbon exploration, block operations, and gas developments in Vietnam.

8. TotalEnergies SE

Company NameTotalEnergies SE
Established Year1924
HeadquartersCourbevoie, France
Official WebsiteClick Here

TotalEnergies is a global multi-energy company operating in Vietnam across upstream exploration, liquefied natural gas (LNG) supply, marketing, distribution, and renewable energy integration.

9. Idemitsu Kosan Co., Ltd.

Company NameIdemitsu Kosan Co., Ltd.
Established Year1911
HeadquartersTokyo, Japan
Official WebsiteClick Here

Idemitsu Kosan is a major Japanese energy corporation involved in oil and gas exploration in Vietnam's offshore fields as well as large-scale refining operations through the Nghi Son Refinery and Petrochemical complex.

10. Petronas Carigali Vietnam Limited

Company NamePetronas Carigali Vietnam Limited
Established Year1978
HeadquartersKuala Lumpur, Malaysia
Official WebsiteClick Here

Petronas Carigali Vietnam Limited is the upstream exploration and production arm of Malaysia's PETRONAS, participating in offshore oil and gas field production and joint operating developments in Vietnam.

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