Vietnam-Russia joint venture welcomes first oil flow from Ca Tam field
The Vietnam-Russia oil and gas joint venture Vietsovpetro held a ceremony in the southern province of Ba Ria-Vung Tau on March 8 to welcome the first flow of oil it pumped up from Ca Tam field.
CTC1-WHP oilrig in Ca Tam field (Source: baobariavungtau)
Ba Ria-Vung Tau (VNA) – The Vietnam-Russia oiland gas joint venture Vietsovpetro held a ceremony in the southern province ofBa Ria-Vung Tau on March 8 to welcome the first flow of oil it pumped up fromCa Tam field.
Built in March 2018, the CTC1-WHP oilrig is the mostimportant component in Ca Tam oil field development project in Lot 09-3/12 operatedby Vietsovpetro under a production sharing contract signed with the Vietnam Oiland Gas Group (PetroVietnam), the PetroVietnam Exploration ProductionCorporation (PVEP), and Bitexco Group.
On January 25, it pumped up the first flow of oil with atotal capacity of 1,630 tonnes per day.
On February 10, Vietsovpetro put the first well CT-101 intooperation. As planned, it will launch additional six wells this year, raisingthe total yearly capacity to 766,000 tonnes.
In the near future, it will step up oil and gas explorationand exploitation in Cuu Long field, contributing to safeguarding Vietnam’ssovereignty and economic interests on the continental shelf and territorialwaters.-VNA
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