Project Profile

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Location: Continental shelf of Vietnam
Value: US$800 million (Estimated)
Block: 112
Water Depth: 150 metres
Discovery: 2007 (Bao Vang), 2009 (Bao Den)
The Bao Vang and Bao Den fields are located within licensed block No. 112 on the continental shelf of Vietnam. The development of block No. 112 resulted in the discovery of the Bao Vang gas field in 2007 and the Bao Den field in 2009. The water depth in the area is around 150 metres. Vietgazprom, a joint operating company established by Gazprom and PetroVietnam on a parity basis, is engaged in exploration in licensed blocks No. 112. 
Operators:
Vietgazprom Joint Venture of: 
Gazprom: 50% interest 
PetroVietnam: 50% interest