Vietnam-Russia joint venture welcomes first oil flow from Ca Tam field's second rig
Vietnam-Russia oil and gas joint venture (Vietsovpetro) on October 28 welcomed the first flow of oil pumped up from Ca Tam 2 production platform (CTC-2) at Ca Tam oil field.
Hanoi (VNA) - Vietnam-Russia oil and gasjoint venture (Vietsovpetro) on October 28 welcomed the first flow of oil pumpedup from Ca Tam 2 production platform (CTC-2) at Ca Tam oil field.
The oil field is located at block 09-3/12 on the continentalshelf of Vietnam, about 160 km to the southeast of Vung Tau city in thesouthern province of Ba Ria – Vung Tau.
It is a small wellhead rig designed, manufactured,installed, and tested by Vietsovpetro. CTC-2 was built for oil and gasexploitation with 12 wells and a total construction weigh of about 2,380 tonnes.
Its construction began on January 22 this year and was completed onAugust 26. On September 15, its first production well was opened, beginning thedrilling.
A total of nine wells are planned to be put into operation in 2022 and next year./.
The PetroVietnam Exploration and Production Corporation (PVEP)’s nine-month State budget contribution exceeded its set yearly target thanks to higher oil prices.
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.
The Russia - Vietnam oil and gas exploration joint venture, Vietsovpetro, reported an oil and gas production output of 609,700 tonnes in the first two months of the year, exceeding its target by 6.7 percent.
The PetroVietnam Exploration Production Corporation (PVEP) has completed its yearly plan to exploit 4.33 million tonnes of oil equivalent earlier than scheduled.
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Ca Tam 2 production platform (Photo: Petrotimes) 
