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Project Insights

PetroVietnam subsidiary to equip Idemitsu Kosan gas project

PetroVietnam Technical Services has won a contract to provide equipment for the Sao Vang Dai Nguyet gas project offshore Vietnam.
By Staff reporter 7 November 2018 Asia Pacific / Exploration & Production 0 33207

PetroVietnam Technical Services, in partnership with Malaysia’s MIBS, has won a $176 million contract to provide equipment for Japanese petroleum company Idemitsu Kosan for the development of the Sao Vang Dai Nguyet gas project offshore Vietnam, according to Vietnam News.

Malaysia Vietnam Offshore Terminal will provide a floating storage and offloading vessel to the Japanese firm for the development of the gas and condensate fields, PetroVietnam said on Tuesday.