Page 5 - AsianOil Week 36 2021

AsianOil SOUTH ASIA AsianOil

joint venture is Petrosen, the national oil com- The Sangomar licence area includes three
pany (NOC) of Senegal.) separate fields – Rufisque, Sangomar Offshore
Subsequently, Woodside acquired another and Sangomar Deep Offshore. Together, these
minority stake in the project from FAR Ltd, sites give the RSSD joint venture its name. Oil
another Australian company. In July of this was discovered at the block in 2014. RSSD has
year, it made a final payment of approximately estimated that its licence area contains 645mn
$126mn for FAR’s holdings, which consisted of a barrels of oil equivalent (boe) in recoverable
13.67% stake in the Sangomar Offshore field and reserves, including 485mn barrels of crude oil
a 15% stake in the other two sections of RSSD’s and 160mn boe of natural gas. It hopes to begin
licence area production in 2023.™

SOUTHEAST ASIA

McDermott installs platform offshore Vietnam

PROJECTS & INTERNATIONAL service provider McDer-
COMPANIES mott has successfully installed a production plat-
form over the Sao Vang and Dai Nguyet (SVDN)
gas and condensate field in Vietnam’s offshore
Nam Con Son Basin.
McDermott said on September 2 that as the pro-
ject’s subcontractor it had transported and installed
the central processing platform jacket, wellhead
service deck and topside floatover. PetroVietnam
Technical Services Corporation Mechanical & The SVDN field lies within Blocks 05-1b and
Construction (PTSC M&C) was appointed the 05-1c, which cover around 1,570 square km. The
engineering, procurement, construction, installa- field development plan, which received govern-
tion and commissioning (EPCIC) contractor by ment approval in 2017, has set a target produc-
Japanese developer Idemitsu Gas. tion of 1.5bn cubic metres per year of gas and
Idemitsu operates the field with a 43.08% 2.8mn barrels per year of condensate.
stake, while Japan’s Teikoku Oil owns 36.92% First gas was delivered from SVDN in
stake and state-owned PetroVietnam has 20%. November 2020, with PetroVietnam saying at
McDermott said it had used one of its derrick the time that the field’s successful development
barges to launch the 12,600-tonne jacket launch underpinned its Nam Con Son 2 gas pipeline.
in around 113 metres of water, noting that it was The Golden Star floating storage and offloading
the largest and heaviest jacket to be launched at (FSO) unit also received the field’s first conden-
such water depths in Vietnam. This was then sate production in November 2020.
followed by the largest floatover installation of a Elsewhere in the Vietnamese upstream, Batavia
central processing platform topside in Vietnam, Oil announced last month that it had successfully
weighing in at 14,500 tonnes. concluded its acquisition of a non-operated stake
McDermott noted that the work had been in the offshore Rang Dong field, which is located
delivered within budget and without any delays, in Block 15-2. The company said on August 20 that
despite the challenges presented by the corona- it now owned 100% of Perenco Rang Dong, which
virus (COVID-19) pandemic. holds a 30.5% stake in the field.™

Week 36 09•September•2021 www. NEWSBASE .com P5