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Home>>Daily News>>Vietnam>>Energy>>Gas exploitation to begin at White Lion field

NEWS UPDATES Asean Affairs  March 9, 2018  




Gas exploitation to begin at White Lion field

Cuu Long Joint Operating Company (Cuu Long JOC) is developing the second phase of Su Tu Trang (White Lion) oil field for exploitation in the fourth quarter of 2021.

The White Lion field is located in Block 15-1 of the C?u Long Basin off the southern coast of Viet Nam. Due to the field’s complex geological structure, Cuu Long JOC is trying every method to extract oil and gas, including long-term trial exploitation and gas injection pump, while continuing to seek rational technical solutions.

The company is working closely with PetroVietnam Gas Corporation (PV Gas), PetroVietnam Exploration Production Corporation (PVEP) and other partners to negotiate relevant agreements on the development of While Lion field to ensure effective exploitation.

Earlier, PV Gas and PVEP had inked an agreement to jointly develop the second phase of the field. Under the deal, PV Gas will contribute through PVEP one quarter of the estimated investment of US$500 million to the second phase.

Gas from the oil field will be directly delivered to the mainland through the Nam C?n S?n 2 pipeline project, with 117km of pipeline at sea and another 39km on shore.

White Lion will be the main source of gas for the Dinh Co 2 gas processing plant, which will become operational in the fourth quarter of 2020.

With the development of White Lion field, the total oil and gas production is expected to be 52.4 million barrels of oil and condensate and 420 billion cubic feet of gas, contributing significantly to long-term gas exploitation plans of the Vietnam Oil and Gas Group. — VNS


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This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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