LLC «Joint Company «Rusvietpetro» was established in 2008.

Rusvietpetro holds the license for production of 13 fields located in Central Khoreyver Uplift (CKU) with oil reserves of 100 million tons.

The participant of this project on behalf of the Russian Federation is JSC «Zarubezhneft», on behalf of Vietnam — PVN, Vietnam Oil and Gas Group. LLC «Joint Company «Rusvietpetro» holds the leading position in oil industry of Timan-Pechora Basin according to the rate of provision of the necessary facilities and field development.