PETROLEUM NEWS
Updated: 12-03-2019 | Views: 1223
Tuesday, 12 Month 03 Year 2019 | Views: 1223
In the afternoon of 8th Mar 2019, in Vung Tau city, Viet Nga Vietsovpetro hold ceremony to welcome the first oilflow from Ca Tam oil field Block 09-3/12.
Attending the ceremony, there were attendances of stated executives, leaders of PetroVietnam, PVEP and leaders of Vietsovpetro.

Ceremony to welcome the first oilflow from Ca Tam Block 09-3/12.

General Director Lam. Q. Ng spoke at the ceremony.
Speaking at the opening ceremony, Vietsovpetro’s General Director reviewed the project implementation process. CTC1-WHP exploitation rig was started from March 2018 and is the most important item in the development project of Ca Tam oil field under Block 09-3 / 12. Block 09-3 / 12 is operated by Vietsovpetro as an operator under a consortium of PVN and three contractors Vietsovpetro, PVEP and Bitexco Group with the share profit 55%, 30% and 15% according signed contract in 2012.
On 25th Jan, CTC1-WHP oil rig belongs to Ca Tam, Block 09/3-12 produced the first oil flow with the capacity of 1630 tons/day.
According the plans, in 2019, drilling operation shall be continued and exploited with 6 more wells, the annual production is expected to reach 766.000 tons of oil.

Mr. Viet.Q. Tran – PVEP General Director.

Mr. Son.Tr.V. Nguyen – PetroVietnam’s General Director spoke.

Vice Prime Minister of Commerce and Industry-Mr. An. H. Dang highly appreciated the efforts of consortium Vietsovpetro – PVEP – Bitexco and PetroVietnam.
At the ceremony, representatives of Vietsovpetro, PVEP, Bitexco and partners signed the agreement on Ca Tam oil field, Block 09-3/12 under the witnesses of attendance, in detail: Agreement on providing services connecting Ca Tam oil field to other oil fields of Block 09-1; Agreement on exploiting Ca Tam oil field 09-3/12 and Agreement on selling oil from Ca Tam Oil field 09 -3/12.

Representatives of Vietsovpetro, PVEP, Bitexco and partners signed the agreement on Ca Tam – Block 09-3/12.

Delegates opened the valve to get the first oilflow from Ca Tam Oil field.
PVN
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