Vietnam launches new jackup, block B gas development

Offshore staff

VUNG TAU CITY, Vietnam – PV Shipyard has held a ceremony to mark completion of the Tam Dao 05 jackup on schedule to Petrovietnam and Vietsovpetro.

The rig – the second built for Vietsovpetro following Tam Dao 03 – is due to be ready for the handover in August.

Last month Petrovietnam held a ceremony to launch the offshore block B – O Mon projects.

These are designed to produce gas and condensate from the block B, 48/95 and 52/97 field development to power plants in Kein Gang and O Mon for electricity in southern Vietnam from 2020-2040.

Petrovietnam, PVEP, MOECO, and PTTEP plan to invest $6.8 billion in the project, which will feature a main platform and one accommodation platform, a condensate vessel, and around 750 production wells.

Construction of the associated block B – O Mon gas pipelines will cost $ 1.2 billion. The 431-km (268-mi) lines will have a design capacity of 20.3 MMcm, of which the sealine section will be around 295 km (183 mi) and 28-in. diameter.

This will transport gas from block B to the landfall station in An Minh/ Kien Giang province.


Share your news with Offshore at

Tam Dao 05 jackup
Tam Dao 05 jackup at PV Shipyard's rig fabrication site. (Courtesy Petrovietnam)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...