LOOKING FOR “THE FIRE” AT CONTINENTAL SHELF OF THE MIDDLE AREA OF VIETNAM
edf40wrjww2DTV_News:Content_EN
Up to December 15, 2003 Doo Sung Oil Platform (KNOC-Korea) has drilled 2,000 meters of the maximum expectable depth of 4,200 meters in total in block 112 to the north of Con Co Island, far from Da Nang about 190 kilometers. Although it has not been said anything yet about the final result of using diamond-drill to “look for oil in the bottom of the sea”, this event once more affirms PetroVietnam’s determination in drilling operation for oil specialising in gas fields in the middle area during recent 10 years. The event that great international oil and gas companies such as BP, Shell, Idenmitsu, Sceptre, BHP, OMV. IPL…have carried out their exploratory drilling for more 15 wells here, while a well costs at least 10 million USD indicates the strong attraction of this area. By this latest operation of DooSung, the joint-venture of drilling contractors,Vietgazprom, is expected to finish 4,200th drilling meter in February 2004 and it will be also a great event if commercial reserves achieved the expected quota of
OTHER PROJECTS