Business

Vietsovpetro to complete Tho Trang 01 oil rig sooner

Vietsovpetro, a joint Vietnamese-Russian enterprise for oil and gas exploration, has set out its goal to complete the installation work of Tho Trang 01 (White Rabbit 01) oil rig 15 days ahead of schedule in July.
Vietsovpetro, a joint Vietnamese-Russian enterprise for oil and gasexploration, has set out its goal to complete the installation work ofTho Trang 01 (White Rabbit 01) oil rig 15 days ahead of schedule inJuly.

The Trade Union of the Vietsovpetro jointventure on May 11 launched a contest in central Ba Ria – Vung Tauprovince for an earlier operation of the platform which was previouslyscheduled on July 15.

Located 7.5km awayfrom the Bach Ho (White Tiger) oil field to the northeast in lot 09-1,the 3,200-tonne platform is expected to yield 700,000 tonnes of oil perday. The output would help the joint venture fulfill its plan to tap 5.4million tonnes of oil this year.

Tho Trang 01 is the newest among the fourth generation of its kind totally designed and installed by Vietsovpetro.

From 2006 until 2012, Vietsovpetro has successfully put into operation eight new generation oil rigs.-VNA
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