Project Profile
Value: US$100 million
Location: Cuu Long Basin, Vietnam
Reserves: 120 million barrels
Start-up Year: 2015
Su Tu Nau (Brown Lion) located at Block 15.1, Cuu Long Basin, is estimated to hold potential oil reserves of 120 million barrels. The field was discovered in 2005. Development facilities include two wellhead platforms and subsea tie-ins to the existing production facilities in Block 15-1, either via FPSO Cuu Long Tai Bien or the Su Tu Vang CPP.
Operators:
CUU Long Joint Operating Co: Operator with 100% interest
KNOC: 14.25% interest
Perenco: 23.25% interest
PetroVietnam: 50% interest
SK Holdings: 9% interest
Geopetrol: 3.5% interest
Contractors:
PTSC M&C: Engineering, procurement, construction, installation and commissioning (EPCIC) contract
Bidders for FEED include:
McDermott International
Nippon Steel Corporation
EDG Inc