A ceremony was held on March 26 in Binh Son district, Central Quang Ngai province by the Dung Quat Shipyard Company (DQS) to inaugurate upgraded versions of two oil exploration facilities.

The vessels include the floating storage and offloading unit “FSO PVN Dai Hung Queen” and the oil rig “FPU Dai Hung – 01”, worth a combined 85 million USD.

The two were handed over to the Petrolimex Transportation and the PetroVietnam Exploration Production Corporation (PVEP – POC), respectively.

The upgrades will serve the oil exploration and production in Dai Hung oilfield within the continental shelf of Vietnam, contributing to ensuring national energy security and boosting socio-economic development, said Tran Minh Ngoc, Chairman of the DQS Member Council.

The FSO PVN Dai Hung Queen, weighing 105,000 tonnes and with a top speed of 26 kilometres per hour, is equipped with advanced facilities and technologies. The FPU Dai Hung-01 rig is 108.2 metres long and 67.36 metres wide.

At the ceremony, Deputy Prime Minister Hoang Trung Hai instructed t he Vietnam National Oil and Gas Group (also known as the PetroVietnam) to continue restructuring the DQS towards improving its operations and developing its ship building industry.

The PetroVietnam was also called on to implement projects to construct and upgrade additional modern vessels, rigs, and floating units to reduce the reliance on importing high-tech services.

The inauguration and delivery of the two vessels marked the DQS’s first major outputs since 2010 when the company separated from the Vietnam Shipbuilding Corporation (Vinashin) and merged with the PetroVietnam.-VNA