[Vietnam] Su Tu Trang

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escveritas
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[Vietnam] Su Tu Trang

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SU TU TRANG FF PHASE 1 PROJECT

Client: Cửu Long JOC
Project type: EPCIC
Duration: 01/2015 – 09/2016 (tentatively)
Key facilities: 01 WHP, 01 LQ, Jacket & Piles
Total weight: ~ 11,250 MT
escveritas
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Re: [Vietnam] Su Tu Trang

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THE LOAD OUT AND SAIL AWAY FOR THE TOPSIDE MODULE 1 AND MODULE 2 OF PRODUCTION INJECTION PLATFORM (PIP) OF THE SU TU TRANG FULL FIELD DEVELOPMENT PROJECT PHASE 1 (STTFFD-P1)

On 5 September 2016, PTSC M&C – EPCI Contractor, in coordination with Cuu Long JOC – the Operator, hosted the ceremony to celebrate the Load out and Sail away for the Topside Module 1 and Module 2 of Production Injection Platform (PIP) of the Su Tu Trang Full Field Development Project Phase 1 (STTFFD-P1) at PTSC M&C fabrication yard.

Attending the ceremony there are Mr. Nguyen Quoc Thap – Vice President of Vietnam Oil and Gas Group (PetroVietnam), Mr. Ngo Huu Hai – President & CEO of PetroVietnam Exploration Production Corporation (PVEP), Mr. Nguyen Van Que – General Manager of Cuu Long JOC, Mr. Phan Thanh Tung – President & CEO of PetroVietnam Technical Services Corporation (PTSC), Mr. Dong Xuan Thang – Director of PTSC M&C and other representatives from the operator, partners, subcontractors and STTFFD-P1 Project Management Team.

After 23 months of execution, the jacket for the PIP, LQ have been successfully installed while the offshore installation activities for PIP topsides, LQ, bridges shall be completed by Sep 2016.

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The STTFFD-P1 faced the tight schedule which is only 18 months for the fabrication of 2 platforms with total weight of over 13,000 tones and also tough technical requirements including new technology and equipment applied. Especially, the project proved the great endeavor from both operator and contractors to bring the most optimized plans during the low oil price stage.

Addressing the ceremony, Mr. Nguyen Quoc Thap – Vice President of PetroVietnam, suggests PTSC M&C to keep coordinating closely with Cuu Long JOC and parties to ensure the safety, quality and committed schedule of the project.

The successful of the STTFFD-P1 project loaded-out has further confirmed the solid development and capabilities of PTSC M&C in role of Turn-key EPCIC Contractor for offshore projects and also re-affirms its position, one of the most reputed service providers in Vietnam and the region. This also further tightens the relationship between PTSC M&C CLJOC and through a series of development projects for the Su Tu Field in recent years.
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Re: [Vietnam] Su Tu Trang

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Petrovietnam welcomes first gas flow from White Lion oil field in phase 2A ​
24/06/2021
  • The Vietnam Oil and Gas Group (Petrovietnam) has welcomed the first flow of gas from Su Tu Trang (White Lion) oil field in phase 2A, putting the project into operation 16 days ahead of schedule.
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As COVID-19 continues to spread, the ceremony to mark this occasion was held online on Friday, attended by Petrovietnam Chairman Hoang Quoc Vuong, General Director Le Manh Hung, leaders of affiliates, and representatives of foreign partners.

The White Lion oil field is located in Block 15-1 of the Cuu Long Basin off the southern coast of Vietnam, which is considered one of the richest oil and gas reserves in Vietnam’s continental shelf. It is about 62km off the coast of Vung Tau with a water depth of 56m.

An oil and gas exploration contract of Block 15-1 was signed in 1998 between Petrovietnam and the contracting parties, including PVEP, Perenco, KNOC, SK, and Geopetrol. The project is operated by Cuu Long JOC.

The plan to develop the White Lion oil field in phase 2A was approved by the Prime Minister in 2019, with a total expected consolidated capital expenditure (CapEx) investment of nearly 138 million USD, and the expected recovered reserves of 63 million barrels of condensate and 193 billion cubic feet of gas by the end of September 2025.

Addressing the event, Petrovietnam General Director Le Manh Hung said Block 15-1 is the flagship in oil and gas exploitation activities in Vietnam, contributing about 10.4 billion USD to the State budget.

He hailed the efforts made by Cuu Long JOC and its partners to complete the drilling of the oil well on schedule, ensuring their commitments in the gas purchase and sale contract and field development plan.

PVEP General Director Tran Hong Nam said the success of phase 2A with absolute safety and lower costs provides an important prerequisite for PVEP and other partners to devise plans of future development.

President of Perenco Vietnam Gilles d'Argouges called this achievement a symbol of the successful cooperation between Vietnamese businesses and foreign partners.

He noted that the partners have found a common development path and expressed his hope to maintain the success in developing the White Lion oil field and the entire project.

On this occasion, Petrovietnam awarded certificates of merit to collectives and individuals who have made excellent achievements in implementing phase 2A of the White Lion oil field project.
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