Project Profile
Value: US$200 million
Start-up Year: 2011
Water Depth: 50m
Location: Block 9-3, Bach Ho, Offshore Vietnam
The Bạch Hổ oil field (White Tiger oilfield) is a major oil field in the Cuu Long basin of the South China Sea located offshore due east of the Mekong Delta of Vietnam. The field contains major reserves hosted within highly fractured granitic basement rocks. The Cuu Long basin is a rift zone developed during the Oligocene to Early Miocene.
Vietsovpetro who are operators are looking to revamp up to 20 Platforms. The Bach Ho field’s output has been between 210,000 barrels per day to 220,000 bpd, which is below its normal daily capacity of 240,000 bpd.
Operator:
Vietsovpetro: Operator with 100% interest
PetroVietnam
Zarubezhneft
Contractors:
Samsung: Design, fabricate, test operate and install an offshore gas compression platform
Technics Oil and Gas Ltd.: EPCI for BK-9 platform
VINASHIN (Vietnam Shipbuilding Industry Corp): FSO contract