Project Profile
Value: US$1,000 million
Location: Block 15-1, Cuu Long Basin, Ba Ria-Vung Tau province, Vietnam
Peak production: 9,000 bpd
Start-up Year: September 2008
Su Tu Vang is an offshore oil field located in Block 15-1 of the Cuu Long Basin. The basin is located southeast of Ba Ria-Vung Tau province of Vietnam and 6km away from the existing Su Tu Den field (Black Lion). Also known as the Golden Lion, Su Tu Vang is operated by the Cuu Long Joint Operating Company (CLJOC). CLJOC acquired operating interest in Block 15-1 in September 1998 and discovered the Su Tu Vang filed in October 2001. Production commenced in September 2008. The US$1 billion project is designed to produce 100,000bopd and is the biggest oil field to come on-stream in Vietnam. It currently produces an average of 65,000bopd. As of 2010, the field achieved a cumulative production of 2.8 million tonnes of crude oil.
Contractors:
The engineering, procurement, construction, installation, hook-up and commissioning services contract for the CPP was awarded in 2006 to J. Ray McDermott, a subsidiary of McDermott International. J. Ray McDermott subcontracted the fabrication, blasting, piping and handrails work to BKM Group. OKI was involved in the design, fabrication and full scale testing of the LMUs and DSUs of the float-over system. The engineering, procurement, construction, installation, commissioning and operation of the FSO were contracted to Tanker Pacific. The external turret system with complete mooring legs, driven piles and a pipeline end manifold was manufactured and delivered by SBM Offshore. The mooring piles were driven and installed by APE Holland. Thermal insulation of the pipeline joints was done by Forum Energy Technologies for MacDermott. The pipelines measured 50km long and 12\'\' in diameter. The filtration and produced water treatment system was delivered by Siemens at a cost of US$4.6 million A 300t flare boom contract was awarded to Petroleum Technical Services Company of PetroVietnam. The optic fibre submarine cables were supplied by Cables International. PFP was subcontracted by J. Ray McDermott for the supply 24\'\' and 10\'\' pipes for the Su Tu Vang Project. EFE Engineers performed the design and detail engineering of the living quarters. Manpower and workforce support was provided by Air Energi.
Operators:
PetroVietnam Exploration and Production Company: Operator with 50% interest
Perenco: 23.25% interest
Korea National Oil Company: 14.25% interest.
SK Energy: 9% interest
Geopetrol: 3.5% interest.
Contractors:
J. Ray McDermott: Engineering, procurement, construction, installation, hook-up and commissioning services contract for the CPP.
BKM Group: Fabrication, blasting, piping and handrails work for the CPP
Tanker Pacific: Engineering, procurement, construction, installation, commissioning and operation of the FSO.
SBM Offshore: External turret system with complete mooring legs, driven piles and a pipeline end manifold.
APE Holland: Mooring piles installation.
Siemens: Filtration and produced water treatment system.
Petroleum Technical Services Company: 300t flare boom contract.
Cables International: Optic fibre submarine cables.
EFE Engineers: Performed the design and detail engineering of the living quarters.
Air Energi: Manpower and workforce support
Cuu Long JOC: Fabrication and offshore installation work on the SVSW jacket, while fabrication of the topsides is progressing at PTSC M&C’s yard. The completed topsides are scheduled for offshore installation in September. First oil from the SVSW project is targeted for late 2014.
Subcontractors:
BKM Group: Fabrication, blasting, piping and handrails work for the CPP
Forum Energy Technologies: Thermal insulation of the pipeline joints.
PFP: Supply of 24\'\' and 10\'\' pipes.
PTSC Mechanicial & Construction Co. Ltd: Engineering, procurement, construction and installation (EPCI) contract with Cuu Long Joint Operating Company (JOC) including transportation and offshore hook-up & commissioning services for a 2,000 ton tripod platform