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Released October 25, 2024 | Manila, Philippines
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Researched by Industrial Info Resources (Sugar Land, Texas)--The offshore Kinh Ngu Trang oilfield development, led by PetroVietnam Exploration Production Corporation (Hanoi, Vietnam), is steadily advancing as it prepares for load-out.

The project, which began in mid-2023, will feature a central processing platform (CPP) with the capacity to produce 26,000 barrels of crude oil per day through 16 slots and nine exploitation wells. Additionally, a 38.8-kilometer (24-mile) pipeline will connect the Kinh Ngu Trang field to the MSP field in the Cuu Long Basin.

The project is on track for completion by mid-2025 and is expected to significantly enhance oil production in the region, marking another step in Vietnam's energy development efforts. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project and Plant databases can click here for the project reports and click here for the related plant profile.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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