Rang Dong Oil and Gas Field

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Summary Information

  • Operator: Nippon Oil
  • Country: Vietnam
  • Location: 135 kilometers southeast of Vung Tau on Block 15-2
  • Production start: 1998
  • Partners: Nippon Oil - 46.5%, Petrovietnam - 17.5% and Perenco - 36%
  • Type: Oil / Gas
  • Estimated Reserves:
  • Production Volume:

+++ Description

  • The Rang Dong field is located approximately 135 kilometers southeast of Vung Tau on Block 15-2.
  • The Rang Dong MV17 FSO is planned to be installed in approximately 60 meters water depth and is designed to have receiving capacity of 60,000 barrels of oil per day and storage capacity of 350,000 barrels

+++ Contractors

  • **MODEC:** Engineering, procurement, construction, installation, commissioning and operations of the FSO, including the external turret mooring system

+++ History

  • 1992 - Nippon Oil acquired the block
  • 1994 - Rang Dong Oil And Gas Field discovered
  • 1998 - First oil produced
  • 2006 - MODEC Awarded FSO for Rang Dong Field
  • 2008 - FSO sets sail for Vietnam
  • 2012 - Perenco acquired 36% from Conocophillips
  • 2013 - PSC agreement extended for 5 years
  • 2014 - Cumulative production reached 200 million barrels for the block

+++ Geology

+++ Links

  1. MODEC Awarded FSO for Rang Dong Field, Offshore Vietnam
  2. MODEC FSO sets sail for Vietnam
  3. MODEC’s FSO RANG DONG MV17 Achieves First Oil
  4. ConocoPhillips Announces Sale of Vietnam Business Unit
  5. PSC term extension of Block 15-2 offshore Vietnam
  6. The cumulative oil production in Block 15-2(Offshore Vietnam) reached 200 million barrels