Vietnam's Petroleum Technical Service Corporation (PTSC) is preparing to install an underwater intra-pipeline network worth US $57 million for the Dai Hung offshore oil field.

The Corporation will cooperate with J.Ray McDermott, a leading worldwide marine solutions company, on the project including designing, engineering, procurement, and operation.

The underwater pipeline network is part of a series of work that the PVEP Dai Hung will carry out in its operation expansion plan that aims to produce 18,000 barrels of crude oil by September 2011.

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