PetroVietnam

More than 900 drilling and well professionals from 30+ countries gathered at APDT 2026 in Bali to explore how AI, automation, and advanced well technologies are driving safer, smarter, and more efficient drilling across Asia Pacific.

PTSC Mechanical & Construction will execute the turnkey agreement covering a large, fixed platform.

Lac Da Vang is expected to deliver as much as 40,000 BOE/D at peak.

The plants are expected to be put into operation no later than 2024.

Amidst a conflict between Vietnam and China over the South China Sea, the Malaysian company’s 10-year deal to supply an FPSO for the Ca Rong Do offshore field is now history. Repsol, the operator of Ca Rong Do, suspended the project last year in the wake of government pressure.