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Company News



On 15th November 2012, at PetroVietnam Head Office in Ha Noi City, Cuu Long Joint Operating Company celebrated the First Gas Ceremony of the Su Tu Trang Project in block 15-1, offshore Vietnam.


Having attended the ceremony were there representatives of the Government Office, Ministry of Industry and Trade, Ministry of Planning and Investment, Petro- Vietnam, PetroVietnam Exploration and Production Corporation (PVEP) CLJOC’s partners, PTSC Mechanical and Construction (PTSC M&C) as well as other subcontractors.

Block 15.1 in Cuu Long Basin offshore Vietnam is evaluated as one of the best potential prospects in Vietnam. Since the Petroleum Contract was signed. in September 1998, exploration and production activities in the Block 15.1 have been implemented efficiently with 230 million barrels of oil and 684 million cubic meters of gas produced so far.

Su Tu Trang is amongst four discoveries of Cuu Long JOC under the Petroleum Contract in block 15.1. In March 2010, the EPCI contract to build Su Tu Trang Wellhead Platform was awarded to PTSC M&C as a prime EPCI contractor. Although Su Tu Trang is not a challenging project in terms of schedule, it is however an EPCI project that required high technical standards and stringent construction requirements. In order to preserve the quality and schedule of the Project, PTSC M&C utilized existing fabrication yards, took advantages of advanced technology as well as mobilized a strong resource of 750 workers and engineers who dedicated their utmost efforts to contribute to the successful completion of the project, achieving approx. 2,300,000 man-hours without any lost time injury.

At the First Gas Ceremony, Mr. Franck Poli, President of Perenco Company, a partner of Cuu Long JOC emphasized that the success of the Su Tu Trang Project could be measured by the skills and dedication of the CLJOC employees and Partners’ seconded personnel in CLJOC, and the contribution and support of all stakeholders including the Government of Vietnam, Ministries, PetroVietnam, Partners, the EPCI prime contractor PTSC M&C as well as other subcontractors and suppliers. He also believed that the Su Tu Trang Long Term Production Test (LTPT) program could provide assurance of commercial quantities of hydrocarbons that could be developed to supplement the national energy demand.