VRJ Petroleum was formed on the basic of joint venture between Vietnamese, Russian and Japanese partners which are Zarubezneft (Russia), PetroVietnam exploration production corporation (PVEP) and Iden Mitsui (Japan). With the head quarter located in Vung Tau, thanks to the support of prestigious and experienced companies in oil industry in term of know how and innovative technology, VRJ Petroleum is major in oil search, exploration and exploitation. Through its business activities, the company hopes to add values to Vietnamese economy and society.