Vietnam FPSO set to deliver more oil

Offshore staff

LONDON – Hoang Long Joint Operating Co. has completed the first phase of a multi-stage test of the Te Giac Trang (TGT) field FPSO oil production handling capacity. This follows approvals from the Vietnamese authorities and the vessel owner.

TGT is in the Nam Con Son basin offshore southern Vietnam. Its minimum contracted oil production is 55,000 b/d, but the test successfully processed sustained output of more than 60,000 b/d.

According to partner SOCO Energy, this confirmed expectations, based on detailed pre-test simulations, that only minor modifications to the low-pressure separator system would be needed. The changes will now be implemented ahead of the next phase of the testing program when volumes of more than 60,000 b/d will be processed.

The next-phase capacity test, scheduled to start in June, will determine the FPSO’s upper oil production limits.

Ed Story, SOCO president and CEO, said: “The results of the first phase of the FPSO capacity test fully support our belief that with only minor modifications the FPSO should comfortably be able to handle volumes of around 70,000 b/d.”    

4/18/2013

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