Special Report: Su Tu Vang project overcomes tough construction environment

05/04/2009
The successful Su Tu Vang (Golden Lion) project off Vietnam demonstrates that even during periods of tough industry conditions companies can bring on stream well planned and properly scoped projects safely and efficiently.Su Tu Vang is the second field development in Block 15-1 off Vietnam.Cuu Long Joint Operating Co. (CLJOC) began producing Su Tu Vang field on Oct. 14, 2008, 14 days ahead of schedule and under budget. Field start-up coincided with the 10-year anniversary month of CLJOC’s establishment.CLJOC, established on Oct. 28, 1998, operates Block 15-1. Its coventurers include PetroVietnam Exploration Production Corp. Ltd., 50.00%; ConocoPhillips (UK) Cuu Long Ltd., 23.25%; Ko...
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