PTSC M&C Inks EPCI Contract for Su Tu Vang South West Project Off Vietnam

Vietnam's PTSC Mechanicial & Construction Co. Ltd. (PTSC M&C), announced that it has inked an engineering, procurement, construction and installation (EPCI) contract with Cuu Long Joint Operating Company (JOC) for the Su Tu Vang South West (SVSW) Project in Block 15.1 offshore Vietnam.

The EPCI deal, signed June 20, also includes transportation and offshore hook-up & commissioning services for a 2,000 ton tripod platform. In addition, PTSC M&C will provide modification work on the existing Su Tu Vang Central Processing Platform.

Cuu Long JOC awarded the Letter of Intent to PTSC M&C Nov. 12, 2013. The Vietnamese firm has completed fabrication and offshore installation work on the SVSW jacket, while fabrication of the topsides is progressing at PTSC M&C’s yard. The completed topsides is scheduled for offshore installation in September.

First oil from the SVSW project is targeted for late 2014.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)


Most Popular Articles

From the Career Center
Jobs that may interest you
Lab Tech Oilfield Chemicals in Midland TX
Expertise: Chemist|Laboratory Ops / Tech
Location: Midland, TX
 
Lab Technician for Oilfield Chemicals
Expertise: Chemist|Laboratory Ops / Tech
Location: Oklahoma City, OK
 
Technical Services Manager - Production Chemicals
Expertise: Chemist|Production Engineering|Stimulation
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours